SENSEX NIFTY
Mar 26, 2012, 04.29 PM IST | Source: Moneycontrol.com

Here's what to do with these stocks if it's in your kitty

Is your portfolio safe? Which stocks will give you best returns? Moneycontrol.com passed on the queries you sent us on our Facebook page to Huseini Vadharia, senior technical analyst, Techno Shares & Stocks. Check out his reply.

Huseini Vadharia, Sr. Technical Analyst, Techno Shares

Despite high fiscal deficit remaining a concern, Goldman Sachs has upgraded its outlook on India from ‘underweight’ to ‘neutral’. This comes on the back of bettering prospect for economic growth towards the second half of the year. Sentiment however remains cautious among market players with India's indexes posting their fifth consecutive weekly loss on Friday. The Sensex rose 1.04% to 17,375.65 points while the 50-share Nifty added 0.95% to 5,278.20 points.

Is your portfolio safe? Which stocks will give you best returns? Moneycontrol.com passed on the queries you sent us on our Facebook page to Huseini Vadharia, senior technical analyst, Techno Shares & Stocks. Check out his reply.

Monika Sharma: What is your view on SBI ?

A: Banking sector shares are in an intermediate downtrend. So one can sell SBI at higher level with stop loss at Rs 2275. If SBI goes above Rs 2275, then one can think of buying.

Abhi Agarwal: What is your outlook on Hexaware ?

A:  IT sector stocks are range bound. Hold Hexaware with stop loss at Rs 105.

Dr. Jayesh Gaygol: Can I hold IFCI for six months for a target of Rs 70 or exit now?

 A: Hold IFCI with stop loss at Rs 39.

Madhav Agarwal: What is your view ICICI Bank ?

A: ICICI Bank looks bearish on the chart. Sell on every rise.

Mahendra Pratap: I have DCB at Rs 46 and Suzlon at Rs 29. What should I do?

A: Sell both shares and book profits.

Tarun Khatri: What is your view on Mahindra Satyam ?

A: That looks good on chart. One can enter at lower levels.

Mehul Parmar: Is Tata Steel good for the next three months?

A: Hold Tata Steel with stop loss at Rs 440.

Pankaj Soni: What is your outlook on SKS Microfinance ?

A: That stock is a sell on every rise.

Gaurav Bhatia: What is your view on Reliance Industries ?

A: One can buy Reliance for long-term, for one-two years’ time frame.

Sandeep Tripathy: What's your view on Varun Industries ?

A: Varun Industries look bearish on chart, so sell.

Arif Wani: I have 1,000 shares of IOB at Rs 102. What should I do, hold or exit?

 A: Hold with stop loss of Rs 94.

Achin Gupta: Can I buy HDFC with a one to one-and-a-half years horizon?

 A: You can buy HDFC at lower level for long-term view.

Bharat Dhoot: What is a good level to enter market with a short to medium-term investment perspective, three-six months?

A: Enter in market with Nifty stop loss of 5170, which is a very important level for long term charts.

Pramod Talesara: Where is the rupee headed over the medium-term?

A: I see it range bound between Rs 49-52 to the dollar.

Aman Sethia: What is your view on ITC ? Is it a buy or a hold or a sell for the moment?

A: Hold ITC with stop loss of Rs 210.

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