Your stocks: Investment picks by market expert

Watch the interview of Kunal Bothra of LKP Securities who shared his readings and outlook on specific stocks and sector & Hemant Rustagi of Wiseinvest Advisors answered few personal finance queries.

Below is the verbatim transcript of Kunal Bothra's interview with CNBC-TV18:Ashok Leyland It has been just two years for Ashok Leyland from Rs 15 odd the stock has almost multiplied six-seven times in the last two years. I see that the potential is very huge for the stock over the next couple of years at least. Looking at the volume patterns the way the chart structure is building and the way one of these automobiles names and it is one of the very few names which I have seen significant short-term momentum over the last few years where most of these peers are more or less sideways or trading in a correction phase.I see that there is a very good opportunity for the investor. So, I believe that if you want to try, averse some, risk take out some profits but extend your time horizon to say next couple of years at least and look for a target of at least Rs 120 over the next one to two year.Munjal Auto One can hold on to Munjal Auto for stoploss of Rs 66. Look at the way the stock pans out over the next couple of months; I don’t expect the stock to give a strong momentum over the next two to three months. So, you will have to have patience on Munjal Auto at least for that time period. I believe that Fortis Healthcare is undergoing a minor correction, a minor consolidation which could get over in the next couple of weeks. So, I expect that if the stock corrects Rs 160-165, it could be a good time to average out from a trading perspective. Look for at least Rs 185-190 as the upper band over the next three to six months timeframe.Sun Pharma Advanced The larger pattern of Sun Pharma Advanced Research Company is good. It would probably take a lot of time to really scale those Rs 550 odd levels for the next few months because even the overall market structure seems to be a bit jittery at this point of time. So, I would suggest to try and average if the stock comes to Rs 350 levels. Axis Bank One should hold onto Axis Bank. I don’t see any reason why one should get a bit jittery on the stock. The stock underwent a correction as per the market with the last three or four weeks and my sense is that if the investor has a time horizon of at least two to three years, I expect very good price momentum for Axis Bank. If the structure of the market continues to remain bullish over the next couple of years, you won’t be surprised to see the stock trading at lifetime highs above Rs 650-700 levels as well. So, I think it is a good time to hold on to it. If you can, you can look to even average at levels just around Rs 480-490 mark. I think that is a good support level for Axis Bank over the next couple of years.