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Ajit Mishra  | Answer  |Ask -

Answered on Aug 25, 2020

Vasu Question by Vasu on Aug 25, 2020Hindi
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I am holding the following stocks. please advise me to sell or hold. I can wait up to 6 months.

Ans:

1. AIMCO PEST - Exit
2.ASIAN GRANITO - It’s consolidating on a broader range on weekly chart. Upside it has got a stiff resistance around 278. Decisive break above this level would further pave its way. Existing long can be hold with strict SL at 210. HOLD
3.ESSEL PROPACK - Consolidating in a narrow range around its record high and has the potential to make a new record high soon. Immediate support is at 255.  BOOK PART PROFIT
4.GRINDWELL NORT - It’s currently struggling around the resistance zone of 200 EMA on daily chart. Until and Unless it breaks this level, consolidation will continue.
5.HINDUSTAN MEDIA VENTURES LTD - Looking extremely weak on short-term chart. Better to exit.
6.HIND.TIN WORKS - Exit
7.MOLDTEK PACKAGING - After a strong rally, it has taken a marginal pause and currently hovering in a narrow range, offering fresh buying opportunity for those who missed the chance earlier. Support is at 278. HOLD
8.NELCO LTD - Currently, it’s hovering in a range while holding firmly above the support of 100 EMA on daily chart. One can hold long position with SL at 198.
9.PATEL AIRTEMP - Exit
10.PITTI LAMINATIONS - Exit
11.SNOWMAN LOGISTICS - It’s trading in a declining downward channel for past couple of years now. Short-term trend is still sideways to bearish. Better to exit.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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