Chat Transcript

30 Apr - 10:00 hrs

Pankaj Pandey | Head- Research, ICICI Securities

Traders & their charts: who is reading whom?

Chat Transcript

Pankaj Pandey: Suzlon is still struggling on debt and demand front, dont see much of hope for the stock. so it is better to exit at current levels

guest: i have shares of 3i infotech@10, should i wait or exit?

Pankaj Pandey: Should hold it, nothing much to lose at current levels

guest: Infosis shares i brought for 2310 is there any chance the shares can go up

Pankaj Pandey: Infosys is likely to be range bound till next quarter, we have a target price of 2450. so hold it. nothing much to lose at current levels

guest: hi whats your short term view on nifty

Pankaj Pandey: We expect Nifty to trade lower as i dont expect it sustain above 5925 levels.

guest: Hi,whats your opinion about andhra bank results? what to expect from its q4 results? can one buy it?

Pankaj Pandey: PSU banks are still struggling with asset quality issues. the laetst in point is IOB. PNB looks better among PSU banks

guest: GOOD MORNING SIR.WHAT YOUR VIEW ON BANK NIFTY, NIFTY, AUTO INDEX, BAJAJ-AUTO,IN SHORT TERM.

Pankaj Pandey: Don`t expect outperformance in bank nifty to continue so book profits. Auto is looking good. Prefer 4w like maruti and tata motors. 2W space can be avoided however bajaj is better among all three listed

guest: what to do in HUL?

Pankaj Pandey: Book profits in HUL from a short term perspective as now it is quite expensive and scarcity premium could wane

kajalgupta6: what is the solid reason you feel that market will not fall from here in near term.....

Pankaj Pandey: i dont think that the market cannot fall. earnings growth in this quarter in topline is till in single digits which is the biggest worry. However decline in crude and gold are good macro positives which would limit downside. dont expect markets to much in the next 6-9 months as we are trading at 16x which is quite expensive

s25: hello Sir, suggest any two good real estate stock for short term ?

Pankaj Pandey: In real estate, Oberoi and Mahindra lifespace are good especailly the Mahindra where we have a target price of 505

guest: Dear Sir, I am investing 5k every month from last 6 months in HDFC top 200 growth is goog for 10 to 15 years ?

Pankaj Pandey: It is a good fund so far with corpus of around 12000 crore which may challenge outperformance

guest: Dear Sir, i want one crore after 15 years but i want to invest in mutual funds only? please confirm how i will be invest in which fund & confirm the amount also?

Pankaj Pandey: Equity funds should be preffered and within that franklin india prima plus, ICICI pru focused bluechip equity, UTI opportunities and birlasunlife frontline equity should be preferrred

guest: Shoul i SELL hul INTRADAY? ? AT 576 WITH SL OF 595 ?

Pankaj Pandey: i don`t think you should do this, with such a strong news flow and with stock up 15%

guest: can I buy Tata Motors and BHEL at the current levels?

Pankaj Pandey: Tata motors should be bought with a traget of 310 technically and 360 fundamentally. Bhel may not do much in the short term though it is not likely to delcine much

JYOTHISUKUMARAN: I am holding 20000 shares of Suzlon energy since 2008. The average prize of my holding is Rs.59.50 per share. I am in huge loss in this script and found no healthy movement in this stock. Now the prize is at bottom level. I am in great delema. Kidly advice what to do? Can i expect any short term perspective in this stock. I am not in a position to hold it more than six months. Sanjeev, Bangalore

Pankaj Pandey: Sulon is still struggling on both demand and debt front. so exit at current levels

srikumar1976: Hi, I am holding GRUH Finance, KArur Vysya Bank. Can I HOLD these Stocks for Long Term?

Pankaj Pandey: Yes both stocks are good from long term perspective

kajalgupta6: what your views on Financial technologies & KPIT

Pankaj Pandey: FT don`t have a view. within midcap IT, would prefer stocks such as Infoedge and eclerx

guest: i bought Persistent system shares @ 535. Tell me the posistion of share whether it will increase or not

Pankaj Pandey: Good stock in IT, results were inline, we have a traget price of 610, so hold it as it not expensive

guest: Sir i have 500 shares of prakash ind @ Rs.55/- what are prospectus of the company

Pankaj Pandey: It is closer towards it 2008/09 low, so may not delcine much from current levels, but it is not a portfolio stock so exit around 50-51 levels going forward

shoaib0711: what about inox lesure

Pankaj Pandey: Though expensive compared to historic valuations but is a good play on discretionary spend.

guest: about ifci

Pankaj Pandey: don`t see much hope for the stock, avoid it

JYOTHISUKUMARAN: I am holding 8600 shares of VLS Finance since 2010 at an average prize of Rs.17.20. No healthy movement seen in this stock. What stratagey can i adopt in this stock further? Kindly advise.

Pankaj Pandey: Don`t have a view on this stock

guest: should i sell hul intradya intraday ?

Pankaj Pandey: Avoid it as it can be risky with such a strong news flow and with stock up 15%

guest: i have purchased 1000 shares of bliss gvs pharma yesterday what are expectations from the company

Pankaj Pandey: Don`t cover the stock and it is also has lower liquitidy. Should exit at 33-34 levels

moderator: This chat has now ended. Thank you Mr Pandey for sharing your views, and thank you viewers for your participation.

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