Book out completely: Fortis Healthcare, Aegis Logistics

Rohit Shinde, Asst. V P, Technical Research, CD Equisearch Pvt Ltd. assesses stocks in healthcare, cement, F&B and other verticals with ET NOW.

Rohit Shinde, Asst. V P, Technical Research, CD Equisearch Pvt Ltd.

On the charts Apollo Tyres and Fortis Healthcare?

Rohit Shinde: Apollo in fact we had recommended to our clients on 5th of April and above 75 we had told them to book out at around 80 levels. Reason being that it had consolidated very well and it gave a very good breakout. As for Fortis what we can see is currently it is quoting around these levels but for short term, it was topping out and markets not being of that good. So I would advise to those who are longer term investor, they can book out to this counter completely.

DCM Limited, Aegis Logistics, Ballarpur.

Rohit Shinde: DCM, yesterday was a very good move, approximately 20% with good volumes. You should book out of completely if you have bought it. Aegis Logistics, what you can see yesterday we had another good move for this. Again book out completely, good volumes it has topped out. Ballarpur, yesterday it gave a good move. Reason being that on the weekly charts also it is showing some strengths, so maybe you can hold onto it, maybe around 35 levels, you can completely book out.

Jubilant FoodWorks, Pipavav Shipyard, can you day trade on a stock like this?
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Rohit Shinde: Jubilant is saying something people are consuming lot of pizza part of the Dominos Group. Yesterday a very good move, approximately 17% but very less data, it has just been recently listed. So those who are into it, please book out of it completely and Pipavav, we had a fundamental news coming sometime back. Because of that, it had a very good move. Again now it is building up on that and 85 levels completely topping out, please exit the stock.
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