Check out: Which stocks should remain in your portfolio

Watch the interview of Manav Chopra of Networth Stock Broking who shared his readings and outlook on specific stocks and sector & Pankaj Mathpal, CFP, Managing Director at Optima Money Manager Pvt Ltd answered few personal finance queries.Below is the verbatim transcript of Manav Chopra's interview with CNBC-TV18:Axis Bank At these current levels Axis Bank is at near an important support of Rs 510-515 and I do not see much of a downside from the current levels in short-term perspective. The stock should be a hold for at least three to six months. Jubilant Foodworks Jubilant Foodworks is in a short-term downtrend. We have seen this stock decline from its recent peak of Rs 1,950 and I think in the near-term perspective the oscillators have turned negative, so for the short-term perspective we may see some more selling coming into this stock, which could take the stock lower close to the levels of Rs 1,650 but I don’t see it going much beyond Rs 1,650 on the lower side. The overall trend of the stock is definitely intact and the stock has been in a very good uptrend since past three-four years. So in medium-term to long-term, one would definitely get much higher levels. We are also looking at the oscillators on the high timeframe charts, which are continuously been at a good bullish zone and the current decline is corrective in nature. So going forward if the stock bottoms out close to the levels of Rs 1,650, which is an important medium-term support, from thereon we can see a good uptrend and we are expecting a much higher targets in Jubilant Foodworks, it is close to Rs 2,000 levels in next six-eight months is what we are targeting.Motherson Sumi Systems Motherson Sumi Systems has important support close to the levels of Rs 300 to Rs 290 on the lower side. However, if you are looking at the stock from a longer term time horizon, it is a very safe bet to be in. It has been a complete outperformer in the markets since past few years and it is in very good uptrend. The recent decline is definitely short-term negative looking at the overall formation but in case if one has a longer term horizon, I don’t think one has to worry about. The stock should halt its decent close to the levels of Rs 300 which coincides with its important long-term trend line support. For the medium-term to long-term perspective, looking at the overall formation, the stock will definitely resume its uptrend if it takes the support close to the levels of Rs 300 and then thereafter we may see higher high formations. My recommendation for the stock will definitely be hold at this level but for the medium-term to long-term perspective, one can expect the upside target of close to Rs 400.Tata Steel Tata Steel actually has seen series of decline from past one and one and a half year. At these current levels it is very unlikely that the stock will actually continue to decent at a sharper space but chance are that we may recover. The maximum downside for the this stock could be Rs 220 but with a short-term perspective hold on the stock. If this stock recovers and incase if we see a retracement rally close to the levels of Rs 300 one should definitely look to exit at a higher levels. I don’t see this stock going much above and would confirm a medium-term or large-term reversals, so the strategy is hold for a short-term period and exit closer to the levels of Rs 300.