Your stocks: Investment ideas by market experts

Watch the interview of Vijay Chopra of enochventures.com and Nooresh Merani of Asian Market Securities who shared their readings and outlook on specific stocks and sectors. Nooresh Merani of Asian Market SecuritiesMarksans PharmaMarksans Pharma had a very strong rally all the way up till Rs 100-110. We had a lot of resistance around that point and post that, we have seen a sharp fall with very huge volumes from Rs 90 to Rs 50 levels. And since then, it has been a sideways train in the extreme short-term. Overall, the long-term trend is also now down. So, I suggest there could be some brief pull-backs to Rs 50-55 and that is the point of time where I would suggest an exit out of this counter. So, I would say any rise to Rs 50-55, it is an exit.Piramal Enterprises Piramal Enterprises has been very resilient in terms of even in the downfall and even in the upticks it has not really say broken out above Rs 1,000-1,050 levels. However, we expect over the next few months, we can see a breakout above Rs 1,000-1,050 levels and it could head up higher. I would suggest it is a hold at current levels and maybe one could be on a watch out once it breaks out as a technical trade also.HPCL Technically Hindustan Petroleum Corporation (HPCL) has been in a long-term uptrend ever since for the last couple of years. What else do we see is in such a stock what one needs to do is keep a trailing stoploss, as the stocks keep going higher you shift your stop losses. As of now the stoploss would be at Rs 725 and if the stocks moves up to Rs 800 may be shift it towards Rs 750-760 levels and keep on reviewing the stocks. So, overall the trend is positive I would suggest to hold on with a trailing stoploss rather than keeping a target in place. Vijay Chopra of enochventures.comSAILSteel Authority of India (SAIL) is more about operational inefficiencies and not about increasing prices of steel etc because the company could have done much better. However, due to its large structure, there are structural issues in the organisations due to which they are not able to bring out that kind of profitability. If one is a short-term investor, I would suggest that he/she should get out because there are not going to be any fireworks in this company anywhere. So, if at all one wants to be in the metal sector better to be in Hindalco or may be Tata Steel rather than being in SAIL. My suggestion would be exit on rallies if one is a short-term investor. Jain Irrigation With the kind of focus this Union Budget has laid upon the irrigation piece I think the companies like Jain Irrigation Systems should benefit from this entire thing. There is a huge potential which is there on the irrigation side because the government is trying to help out the farmers and smoothen out things. The worry is the debt on the books and of course I think that if they get decent amount of orders in the coming couple of years, they should do good. My takes is that this stock can run-up to Rs 65-70 and there one can book profits. So, definitely a hold at this point of time and the company should get some orders in the coming few quarters.Sintex Industries I call Sintex Industries kind of a consumption story. The kind of housing demand this country has and every house top needs water storage capacity and I think that Sintex is the number one brand which comes to the mind. So, top of the mind recall, number one, secondly they have fantastic distribution channel which is spread across the country and they have a very good brand name and product. I think that this stock should be held on to. My personal target for this stock is about Rs 90 and one should hold on to the stock until it reaches Rs 90 because we have seen that there is a lot of supply happening once it crosses Rs 90-95. So, that could be a level where one can book profits and switch to some other stock.Jaiprakash Associates Jaiprakash Associates has been trying to hive off its non-core assets and pairing down the debt. However, if you ask me from the long-term perspective with such kind of debt and the revenues stream not happening and the entire stretch of land which they had invested in is not paying off. They have already hived off all their cement business. They are backing on the highways they have made till Agra. It is a very tough situation right now for Jaiprakash Associates. My suggestion would be – be conservative, exit. Get into some stock which has a growth potential, get into fundamental strong stock may be Larsen & Toubro (L&T) and wait for that stock to grow. One will get a better return if he/she invests somewhere else because you need a huge risk appetite to stay invested in Jaiprakash Associates as of now.