InvestorQ : Hi Diksha, do you suggest any profit book in stocks like L&T Finance Holdings or Infosys as I am sitting profits on both? Also do you have any trading ideas for 14 June?
indhumathi Sayani made post

Hi Diksha, do you suggest any profit book in stocks like L&T Finance Holdings or Infosys as I am sitting profits on both? Also do you have any trading ideas for 14 June?

Answer
image
diksha shah answered.
3 months ago
Follow

You are right that both the stocks you mentioned are trading at a premium. However, my suggestion is to wait as the 16,000 levels could bring some more favourable momentum. At that point you can look for exit. Here is my take on the two stocks you queried about.

· L&T Finance Holdings at Rs.93 (CMP – 97.80) – Suggest to Hold

· Infosys Ltd at Rs.1,390 (CMP – 1,447) – Suggest to Hold

Regarding your question on what stock to buy, I am recommending to buy IRB Infra at a price of Rs.143 for targets of Rs.180 in 1-2 months. It has a strong order book position with superior execution skills to boot. In the sugar space, you can also look at specific ethanol plays like Triveni Engineering, to buy at Rs.185 for upside targets of Rs.235 in 1-2 months.
2 Views