Ask Ajit: Stocks to buy, hold, sell

‘When you say hold for long term, what is the general average duration should we hold?’

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

Shrinivas: Please suggest whether following stocks need to be hold / exit or add?

Ajit Mishra:

HDFC Bank – Hold
SBI Bank- Hold
Infosys- Hold
Vodafone-Idea – Exit
HUL – Hold

When you say hold for long term, what is the general average duration should we hold? When you say hold for short term, what is the general average duration should we hold?

Ajit Mishra: Long term is anything more than 1 year ideally 2-3 years. And short term is from 3-12 months.

Which are the good stocks do you suggest to go and buy for short term if you have a liquid cash of around 25-30K?

Ajit Mishra: For short-term, one can accumulate stocks like SUNPHARMA, HINDUNILVR, DABUR, ICICIGI, EICHERMOT.

Rest, for further updates, we would suggest you to follow our real time live calls as well as news-letters recommendations.

Ranganath Bhartur: What is your recommendation on following:

Ajit Mishra:

CDSL – Hold
ABB- Hold
GATEWAY DISTRIPAC – Avoid
BDL – Hold

uday dasgupta: your wise opinion, please, on short & long term prospects of –

Ajit Mishra: GMR Infrastructure limited & GVK Power & infrastructure Ltd – Avoid both these stocks.

Harikrishna Avvaru: I am invested with strong conviction in the following stocks for long-term horizon i.e, for next 3-4 years. please give your valuable advice.

Ajit Mishra:

1. Godrej [email protected] 1000 nos – Hold
[email protected] 500 nos – Exit
3.Safari [email protected] 449 nos- Hold
4.ABB [email protected] 210 nos- Hold
[email protected] 175 nos- Hold
[email protected] 800 nos – Exit
[email protected] 7000 nos- Exit
8. [email protected] 300 nos – Hold
[email protected] 276 nos – Hold
10.Mahindraholidays @175 500 nos- Hold
11.Kaya @415 925 nos – Exit
[email protected] 500 nos ( for shortterm benefit) – Exit
13.JPassociates @4.8 35000nos – Exit
[email protected] 30500 – Exit

I am also invested in the following stocks as value buys, but not decided to stay long, awaited for further clarity on my investment.

Ajit Mishra:

[email protected] 1100- Hold
2.Greavescotton @78 1750  – Exit

Vijay Anand: I’d like to seek your advice on the following stocks that I currently hold:

Ajit Mishra:

I’m also planning to invest long term as a SIP in Dabur, Ultratech and L&T. Can you provide your views please?

Ajit Mishra: Yes one can continue with SIP.

Subbiah Murugan: Can you please advise for my below portfolio. I am accumulating these stocks month on month basis.

Ajit Mishra:

Aditya Birla Fashions @199.5/ – 80 Nos – Exit

Amarajaa @610 – 26 Nos – Hold

Avenue [email protected] – 2 Nos – Hold

Ashok [email protected] – 263 Nos- Hold

Ashoka buildcon @ 98 Nos -Exit

bank of [email protected] — 40 Nos-Exit

Future [email protected] 30.20 -355 Nos-Exit

GMR [email protected] – 259 Nos-Exit

HDFC @1892 – 5Nos – Hold

Indian [email protected] – 98 Nos – Hold

[email protected] – 24 Nos –  – Hold

Interglobe [email protected] – 20Nos-Exit

[email protected] – 77 Nos- Hold

[email protected] – 60 Nos – Exit

Jamna [email protected] – 10 Nos – Hold

[email protected] – 25 Nos – Hold

Mahindra and [email protected] – 20 Nos – Hold

[email protected] – 60 Nos – Exit

Petronet [email protected] – 47 Nos – Hold

Power [email protected] – 72 Nos – Exit

Reliance [email protected] – 5 Nos – Hold

[email protected] – 5 Nos – Hold

[email protected] – 100 Nos – Hold

Tech [email protected] – 20 Nos – Hold

[email protected] – 21 Nos – Hold

[email protected] – 28 Nos – Hold

Yes [email protected] – 350 Nos – Exit if not under lock in

[email protected] – 15 Nos – Hold

[email protected] – 67 Nos – Hold

Supriya Prabhu: I am 37 yrs wish to invest in share market. this is totally new for me to understand to invest in market. can u pls advise me how much i have to invest initially for short term investment? Is intra trade option good to earn quick profit?

Ajit Mishra: We would recommend to stick to long term investment and focus only on blue chip companies.

Prasad Deshpande: I hold the following. Please suggest, if I should continue investing or exit.

Ajit Mishra:

Cadila healthcare [email protected] – Hold

Coal India [email protected] -0 Exit

IOC [email protected] Hold

RBL Bank [email protected] Hold

SBI Card [email protected] Hold

TAKE [email protected] Exit

UPL [email protected] – Exit

Naveen Arora: I want to ask on the following stocks:

Ajit Mishra:

Bajaj Finance 10 3744.65 – Hold
Castrol 302 187.11- Hold
CPSETF 732 21.15- Hold
CPSETF 184 16.41- Hold
GIC 32 433.50- Exit
HDFC AMC 9 3,238.54- Hold
HDFC Life Insurance 81 312.51- Hold
ICICI BANK 35 306.37- Hold
ICICI Prudential AMC 186 410.39- Hold
ITC 162 227.98- Hold
Kotak Mahindra Bank 2 1,089.46- Hold
L&T Finance Holdings 57 72.09- Hold
L&T 100 754.42- Hold
NTPC 94 115.56- Hold
SBI 99 221.70- Hold
Titan Industries 19 1169.66- Hold
USL 5 531.45- Hold

sudhir gopal nair: Please note i am holding stocks as per below and advise whether to Buy, Sell or Hold:

Ajit Mishra:

Jain Irrigation Systems Ltd – 70 @ 132.49 – Exit

Maruti Suzuki – 2 @ 8903- Hold

Ashok Leyland – 436 @ 62.94- Hold

Yes Bank – 300 @ 21.54 – Exit

Bank of Baroda – 60 @ 173.82- Exit

SBI – 20 @ 316 – Hold

Ajmera Reality – 20 @ 254 – Exit

HCC – 250 @ 36 – Exit

Jaiprakash Associates – 100 @ 24.94- Exit

Lypsa Gems – 100 @ 45.71- Exit

Infosys – 40 @ 472- Hold

Reliance – 20 @ 981 – Hold

Sintex Plastic – 100 @ 86.97 – Exit

Adani Power – 150 @ 37 – Hold
 
GVK Power – 400 @ 18 – Exit

Tata Power – 150 @ 86- Exit

Dish tv – 100 @ 77- Exit

Allcargo Logistics – 70 @ 173 – Hold

BLS International – 60 @ 245 – – Exit

Ashok Shelgaonkar: I am holding 100 shares of Bosch purchased long back. Had sold part at around Rs 23,000. But stock has nosedived subsequently and now around 13,400. What would be your advice now?

Ajit Mishra: Hold.

Santhosh Subas: Thanks for the suggestions & insights you have been providing on this platform. Besides I have the below stocks for at least a 3~5-year lock in period. Please suggest if I need to offload anything here so that I can invest in something else after the sell.

Ajit Mishra:

Illustration: Uttam Ghosh/Rediff.com

Please mail your questions to [email protected] with the subject line ‘Ask Ajit’, 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.

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