Chat Transcript

30 Apr - 02:00 hrs

A K Prabhakar | Sr. Vice President - Equity Research (Retail), AnandRathi

Trading picks, long term picks

Chat Transcript

srikumar1976: Hi, please suggest 3-4 Quality stocks for long term investment?

A K Prabhakar: Bayer Cropscience, J K cement, Dr Reddy, Cummins india and Rallis India.

guest: Hi, Can you please let me know any of the mid size banking stock for long term investment for period of 6-8 months for?

A K Prabhakar: Karur Vysya Bank and Corporation bank.

guest: can i buy chambal fertilizer

A K Prabhakar: In fertiiser we like Coromandel International, Rallis India and GSFC...

srikumar1976: Hi, I am holding GRUH Finance, Karur Vysya Bank. Can I HOLD these for long term?

A K Prabhakar: Karur Vysya bank you can hold for long term, But rather than gruh finance we like LIC housing and M&M Financial.

guest: dear sir, it is good time to buy ITC shares now. i am planning to buy and hold the same for about 1year time period

A K Prabhakar: ITC has been out performing for long time now but relatively Bajaj Corp and Emami have more cushion for upside compared to ITC

guest: DEAR SIR I WANT TO INVESTMENT IN UNION BANK OF INDIA FOR SHORT TIME SO PLS SUGEST ME

A K Prabhakar: Avoid banking till RBI policy as banks have run up taking short term call over here is risky therefore avoid Union bank as of now.. results on May 9th.

guest: sir am stuck in kfa @14rs.i have an qty of 5000 shares.its trading around 7rs.please advice wat should i do

A K Prabhakar: Please exit and book losses as reviving the business with huge debt is very difficult if not run properly.

guest: UR VIEWS ON BHARTI FOR THIS MONTH

A K Prabhakar: Bharti support at 295 and resistence 340 though results are awaited.

guest: Sir pl give your view of IFCI &IDFC with a view of 3-5 years

A K Prabhakar: We like LIC housing and IDFC, they have better chance for getting banking license and safer to avoid IFCI as its a government company and not able to fine tune thier business within competetive NBFC structure.

guest: Sir is it the ri8ght time to take a positional short on nifty and what should be stop loss and target for it

A K Prabhakar: Nifty failing to cross 5975 on spot basis then there are chances that it might correct, for high risk trader i would short Nifty with 5975 as stop loss for a target of 5600.

guest: I have optocircut and adanienterprice should I wait or exit

A K Prabhakar: Exit both the stock as opto circuit there is also corporate governance issue. We like Grasim Inds, M&M Financial, tata Coffee

guest: When can I expect NMDC to reach Rs 200/- plus

A K Prabhakar: It will touch 200 but will take time may be next 2-3 years. Government has also introduced PSU ETFs and if this thing happens then it may even be faster.

guest: Sir.. I want to invest some 1000-2000 rs. in equity shares on a regular basis month on month. please suggest some golden picks which will give me best of the class returns always.

A K Prabhakar: Yes this is very good option of investing, we like CAstrol India, Cummins India, rallis India, Thermax, Bajaj Corp.

prakashkkk: what is the view on sterlite industries? bought 500 @114

A K Prabhakar: Metals is generally cyclical industry but good only for long term 2-3 years. so patience is teh key for this sector. we like Hindalco, Hind Zinc NMDC and SAIL and GMDC.

guest: SIR I BOUGHT Essar oil AT 141, 1 year back, WHAT SHOULD I DO HOLD OR EXIT

A K Prabhakar: Oil prices have dropped and GRM`s are also not sustainable and we would suggest to exit and we like Cairn india and Castrol india in this space which is a better pick.

guest: iam holding BHEL@210. Shall I hold or sell it

A K Prabhakar: You can hold as there is turn around in this sector BHEL is the first benficiary in this space.

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

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