Should I Invest In RCF, VMart Or RCom? #AskBQ
#AskBQ is BloombergQuint’s daily offering where market experts help investors make the right investment decisions in the equities market.
In this episode, Ashish Kelkar of Kiran Jadhav & Associates and Sandeep Jain of Tradeswift Broking gave their views on RCF, VMart, Reliance Communications and many more.
Watch the full conversation:
Edited excepts from the conversation:
Ivo D’Souza: Holding shares of HDIL at Rs 49 and PNB Gilts at Rs 48 with a long-term perspective. Please advise.
Sandeep Jain: I recommend you to exit HDIL even if it may bounce back. RCF is a better pick from the same space.I recommend you to hold PNB Gilts and exit around Rs 60 levels.
Nikhil: Is this the right time to enter Cadila Healthcare for a one-month view?
Ashish Kelkar: The investor can enter stock at current levels with a strict stop loss of Rs 345.
Kalyan Singh: I am holding shares of Ashok Leyland bought at Rs 151. Need a technical view.
Ashish Kelkar: The investor can buy the stock and a stop loss of Rs 139 for a long term view. For short term traders, watch out for Rs 152.5 levels and buy the stock after it crosses this level with a target of Rs 163.
Shashank Tripathi: I need fundamental view on five to six stocks. Please recommend.
Sandeep Jain: RCF, Edelweiss, Visaka Industries, NIIT, Sanofi and Suven Lifesciences are my top picks.
Manam Warangal: I shorted Godrej Properties at Rs 764. Please suggest a stop loss and exit level.
Ashish Kelkar: I would recommend you to exit the stock if you don’t have a risk appetite of Rs 13 lest Rs 776 should be an appropriate stop loss for the stock.
Ankit Shastri: I need a view on JSPL, Prakash Industries and NOCIL.
Sandeep Jain: The investor should rather switch to Tata Steel, JSW Steel and Vedanta. I recommend you to stay invested in NOCIL.
Ankit Gupta: Please review these stocks: DMart , RCF, Indian Cement, NBCC, Tata Motors, Kwality, Tech Mahindra.
Tech Mahindra: Buy on declines
DMart: Look for other options
India Cement and NBCC: Can be bought
Kwality: Avoid this stock
Pratik Udeshi: Need a view on Deepak nitrite with a six months view.
Ashish Kelkar: I recommend you to buy the stock at current level with a short-term target of Rs 258 and a medium- to long-term target of Rs 288. Keep a strict stop loss of Rs 226.
Siva Kumar: Can I hold the following stocks for minimum 10 years: ITC, Tata Motors and Aurobindo Pharma.? Suggest a suitable price to buy.
Sandeep Jain: I recommend you to hold Tata Motors for 10 years only if you are already invested in the stock. Aurobindo Pharma is a good buy for your time horizon. RCF and Marico are good picks too.
Aniruddh Gupta: Can I buy VMart for a 1-2 year time frame?
Sandeep Jain: Reliance is a better pick in the retail space as VMart and Dmart are getting expensive.
Aniket Jha: What are your views on Reliance Communications?
Ashish Kelkar: I recommend you to buy the stock at current levels but with a strict stop loss of Rs 15.4 with a target of Rs 18.
Analysts’ disclosure: Both the analysts do not have any financial interests and do not hold any stocks discussed today.
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