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Do you own these stocks? EXIT them NOW

By AJIT MISHRA
September 22, 2020 08:32 IST

 

Ajit Mishra, vice president, Research, Religare Broking, answers your queries:


Nilanjan Mukherjee: I have the below mentioned stocks in my profile.

Ajit Mishra:

1. Yes Bank 13000 @ 14.7- Better to Exit
2. NTPC 40 @ 163 - Long term support is at 82.
3. ALOKIND 1000 @4.19 - book profit.

Amit: Want to invest ₹ 40K more. What is your suggestion? My choices are:

Ajit Mishra:

ONGC- Currently looking weak on short-term chart, avoid for time being.
PVR - Overall fine on the chart. Can take fresh long position either around 1200 or above 1500.
ASHLEY- Can take long position but with strict SL at 60
GAIL- Avoid now
MAHCIE - Better to Exit or hold with SL at 114

Chandra Bhanu Panda: I am new to stock market; I hold following stocks please suggest. Please suggest to hold/exit

Ajit Mishra:

1. Affle (India) Ltd Hold
2. IRCTC Hold
3. NBCC (India) Ltd Exit
4. Nippon Life India Asset Management Ltd Hold

ABHASH RAJ: I am holding the following shares.

Sir, I thought of keeping these shares for 10 years. Sir please help me to identify which shares i have to keep and which i have to sell. Also please suggest any share recommendation. I am a small Investor and can invest 10k per month. I want to make a huge corpus in 10 to 15 years. I can take risks so please suggest the shares that can make me rich. I request u this.

Ajit Mishra:

Deltacorp-10 Exit
Inoxleisure-6 Hold
Ircon-5 Exit
Itc-12 Hold
Ongc-7 Hold
Relaxo-1 Hold
Reliance-1 Hold
Southbank-10  Exit
Trident-100 Exit
YesBank-31 Hold
Ashoka Buildcon-25 Exit
Ashok Leyland-25 Hold (Atleast for 2-3 years)
Banco India-5 Exit
Dabur-1 Hold
Deepak Nitrite-1 Hold
Fortis-5 Exit
Gold bees -1 Hold
Hdfc Bank-1 Hold
Hdfc Life-1 Hold
Icici Bank-3 Hold
Igl-2 Hold
Infosys-3 Hold
Iocl-10 Hold
Mannaapuram -10 Exit
Nalco-15 Hold
Nifty bees -1 Hold
Nila infra -50 Exit
Rec Ltd-5 Hold, only if interested in earning dividends
RVNL-20 Exit
SMS Pharma -5 Hold
Urja global -100 Exit
Indian hotels -10 Exit

Rajesh Shinde: My name is Rajesh and I would like to get your opinion on whether to hold or sell the following stocks:

1. Cerebra Int

2. Electrosteel Steel

3. Karuturi Global

4. NFL (National Fertilizer)

5. Ruchi Soya

6. Surana Solar

Ajit Mishra: Exit all the stocks

Dinesh Jain: Advise for 1. hpcl. 2. Urja global 3. Laurus lab

Ajit Mishra: You can buy HPCL and Laurus Lab for long term. Avoid Urja Global

Satish Khire: I bought following shares last month, but are going down only although the market is picking up. Please advise whether to hold or exit.

Ajit Mishra:

1. Nestle Rs.16690/- / 10 nos.- It has witnessed a marginal profit taking but overall strong on the chart. Hold with SL at15650

2. HUL Rs. 2209/- / 50 nos.- Hold with SL at 2090-

3. Godrej Consumer Products Rs. 713.5 / 200 nos.- Hold with SL at 640

4. RIL Rs. 2110/- / 100 nos.- Strong on the chart. Hold with SL at 2040

Gautam Ghosh: I have the following queries:

I am holding 5000 shares of JSPL, 1800 shares of Vodafone Idea, and 1200 shares of Federal Bank. Should I hold, sell or accumulate? 

Ajit Mishra: Hold JSPL andVodafone. Exit Federal bank

Pl rank the following banks as fresh investment ideas: HDFC Bank, Kotak Mahindra Bank, ICICI Bank and Axis Bank.

Ajit Mishra: All are good banks, you can invest in them. Ranking would be as mention above.

Pl rank the following companies in terms of fresh investment ideas: HUL, Nestle, Brtitannia, Infosys, Cipla, Pidilite, M&M, TVS Motors, Bajaj Auto, Maruti, Hero Motors, Thyrocare and Dr. Pathlab.

Ajit Mishra: All the stocks are decent and Ranking will be Britannia, HUL, Nestle, Cipla, Pidilite, Infosys, M&M, TVS Motors, Bajaj Auto, Maruti, Hero Motors, Thyrocare and Dr. Pathlab.

Santoshkumar H Patil: Please give the Review for below holding 

Ajit Mishra

Stock Name Quantity Inv Price  Recommendation
Yes Bank (3) 1,064.00  13.51843 Hold
SBI (3) 25.00  266.2748 Hold
HDFC Bank (3) 9.00  918.5578 Hold
HDFC 2.00  1615 Hold
Bajaj Finance 1.00  2417.5 Hold
Bajaj Finserv 1.00  4885.05 Hold
Coffee Day 50.00  55.65 Exit
Ujjivan Small (2) 60.00  52.13117 Exit
Prince Pipes (2) 20.00  264.816 Hold
IRCTC (2) 6.00  1503.553 Hold
Rossari 1.00  695 Hold
Videocon Ind (2) 500.00  3.335 Exit
HUL (2) 2.00  2035 Hold
HEG (2) 8.00  808 Exit
Reliance 5.00  1564 Hold
Dr Reddys Labs 1.00  3710 Hold
Glenmark 5.00  555 Hold
TCS 2.00  1952 Hold
Avenue Supermar (2) 3.00  2102.47 Hold
Asian Paints 1.00  1640.69 Hold
Pidilite Ind 1.00  1506.55 Hold
Jubilant Food 1.00  1623.67 Hold

Harinath Bandlapalli: I am having following stocks purchased at. Also I want to invest 5L for 3 to 5 years. Please suggest good stocks to enter now. 

ITC@224

Maruti @8000

L&T@1180

ICICI bank @365

Ajit Mishra: Hold the above stocks. You can also invest in stocks such as HDFC Bank, Kotak Bank, HDFC ltd, L&T, Britannia, Dabur, Asian Paints, Bajaj Auto, Tech Mahindra, TCS, Reliance Industries, Cipla, Biocon, and Bharti Airtel. We advise you to buy these stocks in staggered manner as these stocks have decent fundamentals and good long term growth prospects which can deliver healthy returns.

RANJITH KUMAR: Please review my holdings for long term:

Ajit Mishra:

Alok industries Exit
future retail Merger with Future Enterprise, hence Hold
idfc first bank Exit
jp power Exit
suzlon Exit
srei infra Exit
3i infotech Exit
marksans pharma Hold

Saimeenakshi Sankar: I am a novice small scale investor and very recently started learning about stocks thru articles and youtube (my objective is to invest for medium to long term. Not Intraday trading). I still have to understand a lot more but out of curiosity, I have bought few shares. 

Given below are my portfolio details. Kindly let me know if I should continue with the stocks. Also, please suggest some penny stocks that I can invest for medium to long term. Is Eicher Motors a good buy after the recent stock split? Please advice! 

Ajit Mishra: We would not advise you to invest in penny stocks. You can invest in Eicher for long term.

ADANIGREEN 10 430.4 Hold
FSL 20 54.35 Hold
INDIACEM 20 113.35 Hold
INDUSINDBK 5 545.65 Exit
M&MFIN 25 135 Hold
NIFTYBEES 20 115.23 Hold
SUNTV 5 387.85 Exit
TRIDENT 500 7.05 Exit
ZEEL 5 142.2 Exit
APOLLOTYRE 15 138.65 Exit

Paul: I invested below stocks in SIP manner when I was working abroad. My friends suggested these stocks and I keep on accumulated for the past 10 years. But now some of these companies not listed in the market. When I was outside, was getting messages that these scrips will be banned in trading. But I was helpless as I can't provide them delivery note. So, now all shares in Dmat account. Kindly advice what should be my strategy.?

Ajit Mishra: Exit all the stocks which are listed. For the one which are not listed you need to contact their respective company secretary for further guidance.

Rakesh sharma: I have below mentioned shares in my portfolio kindly suggest me what should i do...hold or sell.

Ajit Mishra: Hold Coal India and Reliance Industries and Exit all the other stocks mentioned above.

Shantanu.R Manjrekar: Which Stocks to hold/ Exit or Buy.

Ajit Mishra: Hold all the stocks mentioned above.

Patel Brijesh Bharatbhai: I have following stocks. Let me advice whether i have to exit, hold or accumulate. You will also advice me how to build good portfolio.

Ajit Mishra:

Sr. No Company Name Qty Average Cost Price Recommendation
1 ASSOCIATED ALCOHOLS & BREWERIE 21 298.31 Exit
2 ASHOK LEYLAND LTD 49 121.15 Hold Atleast for 2-3 years
3 LT FINANCE HOLDINGS LIMITED 90 171.5 Hold
4 STATE BANK OF INDIA 4 341.99 Hold
5 YES BANK LIMITED 1309 55.5 Hold
6 GRAPHITE INDIA LIMITED 18 626.16 Exit
7 SICAGEN INDIA LIMITED 500 30.56 Exit
8 JAI CORP LIMITED 108 192.54 Exit
9 ADITYA BIRLA CAPITAL LIMITED 50 190.07 Exit
10 FUTURE CONSUMER 2000 19.5 Merger with Future Enterprise, Hence Hold
12 FINEOTEX CHEMICAL LIMITED 108 82.66 Exit
13 ARTSON ENGINEERING LTD 250 53.79 Exit
14 IMAGICA WORLD ENTERPRISE 1500 6.5 Exit

Abhijeet Gupte: Please advise on the below stock i hold. Kindly let me know which should i hold or exist:

Ajit Mishra:

Stock No. Of Stock price Recommendation
Larsen  60 1200 Hold
TCS 40 1815 Hold
Shilpi Cable 200 7.3 Exit
Tata Coffee 60 70.15 Hold
AsterDM 60 139.96 Exit
Glenmark Pharma 10 575.77 Hold
RIL 10 2250 Hold
Ajanta Pharma 10 1455 Hold
Infosys 10 980 Hold

tcd177 tcd: Please guide me which strategies (with limits to buy or sell) can be used for Intraday & long term shares investment. Also if possible suggest /send me e-book to learn shares trading. I have not yet opened trading accounts please guide me.

Ajit Mishra: Investing in markets for long term, one should look at companies which have decent financials, prudent management, steady future growth prospects and low leverage ratio. For books, one should read books of authors such as Warren Buffett, Charlie Munger, Benjamin Graham.

ujjwal gupta: First of all thanks for all the advice. I am 22 years old and looking forward to building a portfolio. I have the following holdings right now. I am open to both long term and short term investments. Please provide your valuable advice. I also want to expand my portfolio and it will be great if you could advice me to either invest more in the following stocks or look for other options.

Ajit Mishra: For Long term

Tata Motors Exit
Reliance Industries Hold
Bharti Airtel (Currently in loss of Rs. 730) Add & Hold
HCL Tech  Hold


For Short Term

TataMotors – It has been rebounding for past five months or so on daily chart. One can start gradually accumulating the stock at the current levels. Strong support is at 120 and resistance is at 156.

Reliance Industries- Strong on chart.  Support is at 2040

BhartiAirtel (Currently in loss of Rs. 730)- hold with strict SL at 480. Below this level, selling pressure can be intensified.

HCL Tech – IT packs are looking strong on the short-term chart and HCLTECH is one among those. Support is at 680 and resistance is at 740

Aftab Khan: Need your advice on below Portfolio. Shall I hold/sell these shares. Any suggestion in shares that I can invest in. 

Ajit Mishra:

Prince Pipes -50 @97.29 Hold
Tata Motors -53 @96.91 Exit
Nippon - 35 @281.19 Hold
ICICI Bank- 30 @366.47 Hold
Sunteck Realty- 10 @184.9 Exit
SBI Bank- 40 @185.43 Hold
IndusInd Bank- 10 @493.5 Exit
SBI Life Insurance- 25 @866.8 Hold
SBI Bank- 40 @185.43 Hold
UPL- 10 @463.9 Exit
SBI Bank- 40 @185.43 Hold
Shriram Transport- 11 @677.95 Hold
Larsen - 12 @873.18 Hold
M & M Financial- 51 @130 Hold
Aditya Birla Fashion- 26 @121.98 Exit
HPCL- 30 @210.8 Hold
Mannapuram Finance- 50 @159.85 Exit
Dabur India- 20 @462.08 Hold
SBI Cards- 24 @710.42 Hold
HUL- 20 @2171 Hold
Bajaj Finance- 10 @3225.4 Hold

Nidhi Jain: Please guide on the portfolio. Also please advise if Affle India @2900 can be added to the portfolio or should be avoided or should wait for the correction? Please guide on HDFC Ltd. too.

Ajit Mishra: Affle India and HDFC Ltd both can be added to the portfolio

Stock Name Open Qty Avg Cost Recommendation
Aarti Industries 15 985.11 Hold
Adani Ports 105 400 Exit
Axis Bank 2315 544.52 Hold
B H E L 150 38.59 Exit
Bata India 13 1291.75 Hold
Biocon 20 345.34 Hold
Birla Corpn. 30 602.48 Exit
Castrol India 250 124.16 Hold
Dabur India 21 481.99 Hold
Edelweiss.Fin. 205 78.72 Exit
General Insuranc 170 191.66 Exit
GTL Infra. 100 20 Exit
HCL Technologies 16 653.69 Hold
HDFC AMC 16 2545.86 Hold
HDFC Bank 14 1092.97 Hold
I D F C 275 16.02 Exit
ICICI Bank 80 378.22 Hold
ICICI Lombard 31 1305.38 Hold
ICICI Securities 53 504.02 Hold
IDFC First Bank 461 51.4 Exit
ITC 125 197.75 Hold
Jindal Steel 50 210.87 Hold
L&T Fin.Holdings 150 62.77 Hold
New India Assura 100 214.28 Hold
NTPC 115 88.36 Exit
O N G C 500 83.46 Hold
Petronet LNG 50 250.03 Hold
Power Grid Corpn 60 70 Hold
SBI Cards 19 755 Hold

Vivek Sharma M: I am holding the below stocks, could you please let me know if I can add any more stocks on dips or can hold any or do I need to sell any stocks. any suggestions on this would be appreciated.

Ajit Mishra:

Security Name Qty Avg.Cost Recommendation
Minda Industries Ltd. 30 299.42 Hold
Bajaj Finance Ltd. 2 3460.05 Hold
HDFC Bank Ltd. 24 1132.19 Add on dips
ICICI Bank Ltd. 30 404.32 Hold
State Bank of India 144 284.42 Add on dips
Larsen & Toubro Infotech Ltd. 12 1424.34 Hold
Asian Paints Ltd. 5 1513.93 Hold
AstraZeneca Pharma India Ltd. 3 3548.72 Hold
Aurobindo Pharma Ltd. 5 881.22 Add on dips
Reliance Industries Ltd. 11 1792.22 Hold
Avenue Supermarts Ltd. 10 2273.08 Add on dips

Anup Muralidharan: I hold the following stocks and would like your advice on their long term holding as well as in what range I should buy or exit with target in mind.

Ajit Mishra: Hold all the stocks for long term

CHETAN BHIMSINGH CHAVAN: I have the following shares:

Ajit Mishra:

CIPLA 1 @ 774.60 Hold
EICHER 10 @ 2201.60 Hold
FEDRALBANK 10 @ 54.90 Exit
IMAGICAA 20 @ 4.8 Exit
ITC 4 @ 196.53 Hold
LAKSHAVILAS 10 @ 21.1 Exit
RVNL 10 @ 19.55 Exit
YESBANK 100 @ 15.33 Hold

Illustration: Dominic Xavier/Rediff.com


Please mail your questions to getahead@rediff.co.in with the subject line 'Stock Market Query', along with your name, and Mr Ajit Mishra will offer his unbiased views.

Disclaimer: This article is meant for information purposes only. This article and information do not constitute a distribution, an endorsement, an investment advice, an offer to buy or sell or the solicitation of an offer to buy or sell any securities/schemes or any other financial products/investment products mentioned in this QnA or an attempt to influence the opinion or behaviour of the investors/recipients.

Any use of the information/any investment and investment related decisions of the investors/recipients are at their sole discretion and risk. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Opinions expressed herein are subject to change without notice.

AJIT MISHRA

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