InvestorQ : Do you have any fresh trading ideas for the 24 March? I am having positions in Birlasoft and EID Parry, what should I do?
vidhya Laxmi made post

Do you have any fresh trading ideas for the 24 March? I am having positions in Birlasoft and EID Parry, what should I do?

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diksha shah answered.
3 weeks ago
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Currently, we have enough open positions to really look at fresh positions. The markets have been struggling to find direction and we don’t see immediate opportunities to exit any of the positions, so we hold on. For now, we will wait till the time clarity emerges after there is a clearer picture on the rising COVID cases and the likely impact of bond yields. You can hold on to Birlasoft and Parry for now.

· Birlasoft at Rs.272 (CMP-250) – Suggest hold

· EID Parry at Rs.342 (CMP-335) – Suggest to hold

Let me turn to your question of what to buy. Currently, we are not adding fresh positions on Wednesday and would want to confirm if the Nifty and Sensex hold above psychological levels of 15,000 and 51,000 respectively. That will be the acid test if the rally can sustain. I suggest that for now you just continue to hold positions and where possible, you can accumulate my recommended stocks at lower levels.

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