Live Questions and Answer Session with Puneet Marwah

Date: 14th April, 2017

Time: 9:30 am to 11:30 am

Number of Members attended session: 57

Suresh

Q1: View on IDFC, IDFC bank. Both are not moving for long time.

A1: In consolidation now. Hold on to it. I am having in my portfolio.

Q2: view on TV18 broadcast

A2: Hold. Target is 75

Q3: can I add more hdil to my portfolio at current levels.

A3: Add more around 78 levels

Q4: view on Tata motors futures which I bought at 475.

A4: Write April 470CE and hold on to futures with me.

We are selling at 625

                  
Anand Priy: Tata motor 470 Pe or Ce

Suresh Baskaran: Sell 470 CE.

Harshil Shah

Question Asked 1 - Views on SatinCredit

Reply Received

It can test levels upto 324 in the down case as chart is week and it has always posted good results for quarter 4. So it has strong fundamentals and as Puneet Sir himself is invested in it so no need to worry and can retest 420 levels soon

Question 2

Views on Infosys 960 CE

Reply Received

It has made a strong support near 920 . So once it gets back to 950 i can exit CE in profit, so no need to hold till expiry.

Question 3

 NMDC View

Reply Received

It is in consolidation phase so can test levels upto 120 i. Weaker market phase

Question 4

How can we start learning technicals from basic?

Reply Received

Go through the articles and book posted in the blog and start

Bala krishna  Jakka: question asked about virinchi...Puneet said to hold at these levels...

Sanjeev Sharma

Q.Ask about Sugar sector

Ans. Already recommended 'BAJAJ HIND' buy at the level 14 target is 28 in a short term time frame

Also advice to invest in BHARTI AIRTEL at the given rates mentioned in the blog.

Postional -

Scrip -Bharti - Airtel

Buy - 337 / 323( On Fall)

Stoploss - 312

Target - 472

Prathamesh Pavagi

Treehouse bought at 26 levels

Hold for long term

Tgt 40

Cyient

Entry 456

Sl 422

Tgt 670

Whether to enter in bank nifty calendar spread?

No is the answer

The mkt is rangebound

Scrip - Bajaj-Hind

Positional - 6 Months

Buy - 14.3

SL - 11.50

Tgt - 28

recommended by Puneet sir on 7th March

Mohit Vyas

Ur view on bharat financial..

PUNIT JI

it's on merger news

It's has corrected from 860 levels , many people hve booked loss

He will like to buy at 720 levels with target of 1150

Coal india

He will like to enter at 270 levels

Aban offshore

War news will help script as crude prices will go up ......

This this time it will break strong resistance of 257 with target of 290

Corporation bank

One can enter at 48 level

He doesn't track the stock...

Axtel

He advice to hold for long term

Puneet Grover

Question asked dmart and fconsumer long term view

Reply received dmart seems expensive will not buy at current levels  already risen too much. Fconsumer- it is forming wedge pattern given a tgt of 60 to 65 from current levels of 33 with support at 28 and 31

Gaurav. Asked about Karnataka, DCB and pnb. Pioneer asked to wait before entering as whole banking side is in a period of consolidation, especially public sector bank.

Rakesh Khandelwal

1. About pharma sector - its nearly bottom. So invest . According to puneet cipla & sun pharma are best pic

Cipla 542 best buy

2. Bajaj finance - near 1150 best buy. Long term portfolio stock & punnet sir have it in their portfolio

3. Suzlon - they have no view & interest in this script.

According to session puneet sir is very bullish on bharti airtel, tata motors & bajaj hindustan

Tanmoy Dey Mallick

Question asked  - View on MCX and Future Retail

Answer- MCX is having a meeting on 26th and there may be a lot of changes in management apart from that it's a good stock to buy in correction and Puneet believes that it will go up in the next couple of years and he is personally holding also.

And as far as future retail is concerned he said that retail is going through a phase of consolidation and there are a lot of players it retail. So it might need some time to move up.

Nagaraju M: As far as i remembered, Puneetji told to buy bharatfin at 720 for the target of 790, but not for the target of 1150. Please correct me if i am wrong

Yes - 790 short term

1200 long term target

Rahul

Question - what technical indicators do you recommend to use?

Answer - use CCI, you'll not be in loss. (You can study it on Google)

And was to monitor Volumes, CCI and RSI

Amar

I had asked view about fiberweb

Punnet sir told me to buy around 338 333 levels as evening star is formed stock may see short term correction

SANDEEP PATIL: I asked abt divislab n sir said it good to buy at this point

Click here to read why PSM went speechless

Please note these are our views based on how we understand the markets. Please please contact your financial advisor so that they can advise you based on your risk profile.