Jan 28, 2013, 11.53 AM | Source: Moneycontrol.com
Moneycontrol gets Technical analyst Husseini Vadharia of Techno Shares & Stocks to answers stock queries that investors asked on our Facebook page.
Below are his views:
Philospher Saurav Mandhotra: What is the future prospect of Reliance Capital ?
Mr. Vadharia: There is a chance of licenses to be issue. They might get bank licenses, then the prospect will be very high, because market is today very voliatile and chopping if it breaks important support level of Rs 450 then the chance of going down is very high so one has to be very cautious and has to put SL at Rs 450.
Hemraj Rawal: What about Kingfisher Airlines ? Is any growth possible?
Mr. Vadharia: I think it is very uncertain that there would be any growth possible or not and so the advise is to exit the script which is uncertain in future and go for any other airline stock like Jet Airways, SpiceJet.
Mayank Parnami: What are your views on Karnataka Bank until more banking license news?
Mr. Vadharia: If Karnataka Bank, there is rumor in market that there is a possibility that they will merger with big bank, which is not be happen then the chances of falling in the stock not ruled out so it is better to exit from stock and invest in good banks like Dena Bank and any other PSU banks.
Vicky Jadhav: Your views on HDIL ?
Mr. Vadharia: HDIL is looking quit weak on chart and any rally should be used to exit from the script and better to invest in other realty stocks like DLF and Indiabull Real estate.
Aashish Agarwal: What is the future of Karuturi Global Limited?
Mr. Vadharia: Looking very weak on chat and there is no future prospect seen in this script, so better to sell and invest in some other good scripts.
Pravinth Ganesan: Is this the right time to invest in gold?
Mr. Vadharia: Gold is very much range bound now a days and it is better to wait for further downtrend to happen and then invest in gold for a longer period of time.
Kashish Kumar: I have 100 shares of SAIL . Should I hold, average or sell it?
Mr. Vadharia: Hold, because SAIL is a good company to invest and chances of further uptrend cannot be rulled out so hold on to your investment.
Prasad Kulkarni: What is your outlook on Atul Limited? It reached Rs 450 and now it's around Rs 375. Should I sell or hold?
Mr. Vadharia: I think it is already fully priced and one should sell if one is getting good profit.
Kashish Kumar: I have 1200 shares of PTC India Financials at Rs 18. Should I hold or average or sell?
Mr. Vadharia: One should hold this script as the future prospect is looking good and if you can hold it for 2-3 years, one can get good profit from it.
Shaji Thatta Thazhath: What about Larsen & Toubro & Manappuram ? Should I hold, average or sell it?
Mr. Vadharia: L&T and Manappuram both are looking good on charts, so one can buy at lowers levels and if you have investment in it then hold.
Bruno Dsouza: What's your view on brokerage stocks? With a bull market in sight, can we see any upside in these stocks? I hold Geojit BNP shares at Rs 24.
Mr. Vadharia: I think one should not go with brokerage stocks as they are struggling to survive so it is better to exit from these scripts and invest in other financial companies like L&T Finance, Mahindra Finance.
Mohit Goyal: If RBI cuts rate then market will rise or fall?
Mr. Vadharia: I think if RBI cuts more then 0.50 or more then it, then chances of market going up is high
Shramnesh Jain: I am holding Delta Corp and L&T Finance . What is their outlook for the coming year?
Mr. Vadharia: I think both the stocks are looking good on chart so one can hold on to these stocks as the future is looking good.