Chat Transcript

18 Jun - 02:00 hrs

Pankaj Pandey | Head- Research, ICICI Securities

Is it good time to switch from defensive to cyclical?

Chat Transcript

moderator: Dear Moneycontrol user, welcome to the Master Your Money chat session with Mr. Pandey, who will answer your queries relating to equity. So fire away your questions!

moderator: If you are not able to view Questions / Answers: Click on Tools -> Internet Options -> on General Tab click Settings button -> Select Every visit to page option -> click OK button

moderator: How to clear Cache from the system: Click on Tools -> Internet Options -> on General Tab click Delete Files button -> Check Delete all offline content & click OK button

guest: hi, I am holding 461 shares @ 31.27. please suggest whether to sell or hold

Pankaj Pandey: Hi Good afternoon, pls mention the shares

guest: SIR I HAVE VIJAYA BANK 1000 SHARE @56.75 WHAT I DO FOR SEVEN DAYS

Pankaj Pandey: Viajaya Bank is one of the laggards in the PSU banks, has not done much in the last few years. Technically positive hold on with a stop loss of 49

guest: hi, I am holding 461 shares of suzlon . please suggest whether to sell or hold

Pankaj Pandey: The stock is in a 5% circuit for past few sessions. Once can take a trading call with a stoploss of 28. Fundamentally listing of overseas subsidiary holds the key

guest: Sir, i have 10 shares of SBI bought on Rs.2600/- each, pl suggest what to do

Pankaj Pandey: Continue to hold SBI as it is looking good fundamenatlly and technically. Expect stock to move towards 2900 level in the short term

amitfrombombay: Hi, is this the correct time to buy stocks for long term, if yes then, Which stock can give me a long term value say if I want to hold it for almost 5 years, one pick from each according to you from small caps, midcaps and BSE 100

Pankaj Pandey: IT is good time to buy cyclical stocks for a 3-5 years perspective. Our top picks include Bank of Baroda, Bharti Airtel, CESC, Concor, Gail, Greaves Cotton, JK Cement, Larson & Toubro, Mahindra CIE Automotive, Mahindra Lifespace, DCB Bank, NMDC, Oil India, Taj GVK for the next 18 months with around 25-30% upside levels

jaydeepmatroja: sir please help for shares to buy for 6 month

Pankaj Pandey: Our top picks include Bank of Baroda, Bharti Airtel, CESC, Concor, Gail, Greaves Cotton, JK Cement, Larson & Toubro, Mahindra CIE Automotive, Mahindra Lifespace, DCB Bank, NMDC, Oil India, Taj GVK for the next 18 months with around 25-30% upside levels

arshi6802: what about bgr energy

Pankaj Pandey: Prfer to avoid it as margin are unlikely to improve due to previous order wins. Prefer L&T, Thermax, Cummins

guest: Shall I buy MMTC and Jain Irrigation for 2 months view?

Pankaj Pandey: Avoid MMTC, you can look at Hindustan Copper in the PSU space. You can buy Jain Irrigation with a traget price of 145. Stop loss 98

mahadevan1971: Hello Sir I have 100 Edelweiss shares shall I hold it? What is the Target price for short period

Pankaj Pandey: Broking companies look good as trading and cash volumes have picked up. You can buy Edelweiss with a target price of 75. However i prefer Motilal Oswal in the broking space as it is best placed due to leaner cost structure because of subbroker model

guest: what is the prospect of HDFC bank in next 1 month?

Pankaj Pandey: HDFC Bank is looking good in the medium term with a technical target of 940 in the medium term, not sure from a month perspective.

guest: IS IT GOOD TIME TO BUY MMTC SO AS TO AVERAGE SINCE I HAVEBOUGHT ABOUT THREEYEARS AGO

Pankaj Pandey: Avoid averaging MMTC

guest: what is your veiw on kothari products ltd

Pankaj Pandey: The stock after a sharp rally in is consolidation mode and can head towards 300 levels in the medium term

guest: ZEE ENTERPRISES I HAVE TAKEN 500 SHARES @ RS.390

Pankaj Pandey: YOu can average the stock at current levels of 275. One of the better plays in the media space

guest: RELIANCE POWER I BOUGHT 1000 SAHRES @ 113

Pankaj Pandey: Power sector outlook is expected to become better as regulation are expected to become clearer of which Reliance Power would be a beneficiary. Hold the stock

poresudhir: I am holding Sintex ind. Hold or sell ? If hold what is the target and duration ?

Pankaj Pandey: Sintex has seen sharp run from 25 to 100 in the short term. Expect it to consolidate at current levels. Have issue of high debt, so any debt reduction plans would hold the key for further appreciation

bethasaidi: I would like to buy NTPC shares ..pls suggest!

Pankaj Pandey: NTPC is one the best regulated places one can look at current levels. You can buy the shares. Also like NHPC in the same space

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

moderator: The transcript of today`s chat will be available on moneycontrol.com soon. If you have any suggestions on this chat you can send e-mail to feedback@moneycontrol.com

SENSEX

| NIFTY