A vendor holds Indian rupee notes at his store in the Dadar wholesale flower market in Mumbai (Photographer: Dhiraj Singh/Bloomberg)

What Are The Top Small- And Mid-Cap Picks? #AskBQ

#AskBQ is BloombergQuint’s daily offering where market experts help investors make the right investment decisions in the equity market.

In today’s episode, Brijesh Singh, senior Technical Analyst, StockAxis , and Sandeep Jain, director, Tradeswift broking, share their views on Tata Motors, HDFC Life, Federal Bank, and recommend insurance stocks one needs to watch out.

Watch the full conversation here:

Anant Gupta: I bought 5,200 shares of Kesar Petroproducts at Rs 34 with a long-term view. Should I buy or sell?

Brijesh Singh: The stock has eroded and I would recommend one to sell this stock. Use any rise in the stock to exit it. To reclaim one’s losses, I would suggest investing in Reliance Industries with a stop-loss of Rs 1,000. HPCL, too, can be bought at the current values with a stop  loss of Rs 225.

Shunham Garg: I have bought 25,000 shares of Federal Bank at an average rate of Rs 102 with a long term perspective. I have incurred a loss of over Rs 6 lakh. What should I do?

Sandeep Jain:  I would recommend the investor to hold on to the stock since there is no other way out. Try to average at Rs 70-72.

Nikhil Gande: I bought stocks of Bharti Airtel at Rs 395, and OnMobile at Rs 44. Should I hold,  sell or add stocks?

Brijesh Singh: Keep a stop-loss of Rs 320, and use any rise in the stock to exit the stock. I would recommend one to hold on to the OnMobile stock, with a stop loss of Rs 32. For short-term to edium-term, keep a stop-loss of Rs 37.

Saurabh Pathak: I bought 20,000 shares of BEL at an average rate of Rs 135 for long term. Should I hold or book loss?

Sandeep Jain: I would suggest one to hold on to the stock and monitor the performance.

Rangarajan Balakrishnan: Is it a good time to invest in L&T Finance at the current levels with a time horizon of one year? What should be my stop loss and target price for the first time frame?

Brijesh Singh: I would suggest that Rs 140-145 is a good level to buy, with a stop loss of Rs 125.

Mohit Sharma: I bought Lupin at Rs 1,400. What should I do?

Sandeep Jain: I would suggest to hold on to the stocks and not exit so soon. At Around Rs 750-775, one can average. Keep a holding period of at least 15-18 months.

Debarpan Sarkar: Can I make fresh entry into Parag Milk Foods at the current levels with a long-term perspective?

Brijesh Singh: I would recommend one to not make a fresh buy at this level. At around Rs 255, one can make a buy call with a stop loss of Rs 225.

Vivek: I have bought 50 shares of Bharat Forge at Rs 625. Should I hold or book losses? My time horizon is three-six months.

Brijesh Singh: I would recommend one to hold on to the stock with a stop-loss of Rs 560. With a short-term view, one can also invest in Federal bank, HPCL, Reliance Industries Ltd.

Vikas Kumar: I bought 5,000 shares of JK Lakshmi Cement at an average rate of Rs 385 with a long term view. What should I do?

Sandeep Jain: I feel UltraTech is the best bet in the larger cap in the cement sector. For the smaller cap, go with Ramco cement. Even Dalmia Cements is a good investment.

Bharat Bhushan: I have bought 40,000 shares of NBCC at an average rate of Rs 105, I have a time horizon of one year. Should I exit?

Brijesh Siungh: I would suggest one to hold on to the stocks. Exit between Rs 70 and Rs 80 with a stop loss of Rs 52.

Virendra Natu: I have 100 shares of Tata Motors at Rs 377 and that has the highest weightage in my portfolio. What should I do with a long term view?

Sandeep Jain: I would suggest one to stay invested and hold on to the stock.

Saran Gupta: I am currently holding 50 Shares of HCL Technologies at an average price of Rs 985. I have a short term view of six months. Should I hold or accumulate at dips?

Brijesh Singh: Accumulate at lower levels between Rs 940 and Rs 950 with a stop loss of Rs 890. I would suggest one to hold on to the stock and to not accumulate at the current levels.

Suresh Rajkumar: Since the small- and mid-cap stocks have corrected significantly, can you suggest two good quality stocks from these sectors to hold on to for the next two-three years?

Sandeep Jain: Investors should look for opportunities which allow encashing the buy-back offers. TCS and HCL Technologies are good stocks with a great buyback offer. Rs 960-9701 is a good range to invest in HCL Tech with a buyback at Rs 1,100.

ITC and ICICI Pru are safe bets in the large-cap.

Abdul Nazeer: Could you tell me more about Dewan Housing finance?

Sandeep Jain: This is a good stock with a good valuation and a fast growth. A good level to enter this stock with a long-term bet would be Rs 550-570. HDFC is also a good stock to buy.

Navneet: Is HDFC Life a good stock to invest with a long-term horizon?

Sandeep Jain: Absolutely. I am bullish about the insurance sector and this is a good stock to invest. SBI Life, ICICI Pru, and HDFC Standard Life are good stocks for returns.

Analysts’ Disclosure:

Sandeep Jai and Brijesh Singh may have recommended some of the stocks discussed in the show to their clients.

Disclaimer: The commentary on BloombergQuint represents the view of external experts. Investors are advised to consult a certified financial advisor/planner when making any investments. No views shared on a BloombergQuint program or story or conversation should be construed as personal advice.

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