Rajesh Jain of SMC Global Securities is of the view that one can book profits in Pyramid Saimira at around Rs 220-225.
Jain told CNBC-TV18, "In Pyramid Saimira Theatre I would prefer to do a profit taking at around Rs 220-225 levels because the entire market overall is in a lot of pressure. There is huge selling pressure, the best course scenario, what I would look for is a counter rally coming there and one the investor liquidates probably around lower levels, Rs 150 nearby, one can think of again buying the stock. But it is going to be more of a sideways movement at the moment."
Disclosure: It would be safe to assume that analyst company /clients may have a position in the above stock.
