Watch the full conversation here:
Here are the edited excerpts of the conversation:
What is your general view on Tata Motors?
Sandeep Jain: I recommend you to hold on to the stock as the risk reward looks favourable, and try to average around Rs 285 to Rs 290 per share.
Yash Mehrotra: I have bought 1,600 shares of Sequent Scientific at Rs 48.50 and 500 shares of Orient Electric at Rs 130. Please provide a view for 12 months.
Brijesh Singh: I recommend you to keep a stock loss for the stock [Sequent Scientific] at Rs 42 and the stock has to trade above Rs 55 to 60 to cross Rs 75 in a medium-term time frame.
Sandeep Jain: I recommend you to hold on, and for fresh investors, I advice them to enter after the de-merger with Orient Paper which is expected to bring in great benefits for the company.
PS Krishnan: I want to buy HDFC at current levels with a one to two month view. Please advise.
Brijesh Singh: At present, Rs 1,735 to Rs 1,745 is a good entry point for the stock with a stop-loss of Rs 1,650.
Melwyn: Is Siemens a good bet to enter for a long-term view or should I wait to buy on further dips ?
Brijesh Singh: If the investor is looking to buy for a longer term then any level below Rs 1,000 would be a good entry point for the stock. I recommend you to keep a stop loss of Rs 780 to Rs 800.
Qaiyoom Badi: I have shares of South Indian Bank at Rs 25 and RCF at Rs 75. I have a view of five to seven years. Should I hold both the stocks?
Sandeep Jain: I recommend you to opt for better forming private sector banks like HDFC Bank, IndusInd Bank, Yes Bank and Kotak Mahindra Bank.
RCF is a good long-term story so I recommend ‘hold’ for those who are already invested. For fresh buys, this is a good time to start investing in a staggered manner.
Akash Agarwal: I bought 500 shares of Mahanagar Gas at Rs 980 for a long term. Should I average at current levels?
Brijesh Singh: I recommend you to keep a stop loss of Rs 750 and exit if it breaks. HPCL is a better pick from the sector.
Analysts’ disclosure: Both the analysts do not have any financial interests and do not hold any stocks discussed today.
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.
Quintillion Business Media Pvt. (BloombergQuint) is not responsible for any risk or loss that might occur as a result of using this information in any way, regardless of your interpretation of the advice.
BloombergQuint’s digital and social media platforms provide views of only SEBI registered investment advisors/analysts.