InvestorQ : Hi Diksha, I have been following your suggestions and have also picked up some stocks. I need your view on UPL, Ambuja Cements, Tata Motors, Motherson and Bector Foods?
Chandralekha Desai made post

Hi Diksha, I have been following your suggestions and have also picked up some stocks. I need your view on UPL, Ambuja Cements, Tata Motors, Motherson and Bector Foods?

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diksha shah answered.
2 months ago
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You would recollect that on Monday 04 January, I had suggested booking profits on IRCTC and Aurobindo, and both gave good exits on Monday. For Tuesday, the idea is to exit UPL, Ambuja Cements and Motherson Sumi at profits. If markets open lower, as is expected, wait for a bounce to exit these counters. Here is a quick take on the stock you asked about.

· UPL given at 460 (CMP-474) – Book Profits

· Ambuja Cements at Rs.244 (CMP-254) – Book Profits

· Motherson Sumi at Rs.158 (CMP-166) – Book Profits

In the above cases, you can exit UPL, Ambuja and Motherson Sumi if you get good levels today. In case of correction on opening, wait for some time. In the case of Tata Motors, the recent launch of its EV could lead to a short term upgrading of the stock so you can hold on for the time being and later take a call.

For now I have not changed our view on the attractiveness of Bectors Foods and would stay on in the stock. It may look a little disconcerting for traders to see a stock fall so sharply but it is still worth a lot more so use this as an opportunity. Traders who missed out on Bectors can still accumulate or average the stock. It still looks a strong bet for the medium term.

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