Hotel Leela can test Rs 35: Mathew

Published on Wed, Aug 06, 2008 at 10:55 |  Source : CNBC-TV18

Updated at Wed, Aug 06, 2008 at 15:48  

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Technical Analyst, E Mathew is of the view that Hotel Leela Venture can test Rs 35. The stoploss is at Rs 8 lower than the current market level.

Mathew told CNBC-TV18, "Hotel Leela Venture is looking reasonably good. There is a good trading opportunity here because the stoploss is just about Rs 8 lower than from current levels, whereas one could see an upside of easily of round Rs 35 from the current levels."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stocks/sectors.

  

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