Taj GVK good at current levels: Sukhani

4343 Investors following Taj GVK Hotels. Share this News with them.

0

Like this story, share it with millions of investors on M3

Taj GVK good at current levels: Sukhani

Current levels on Taj GVK are excellent for investors looking at a 6-8 months horizon, says Technical Analyst, Sudarshan Sukhani.

Post your opinion here

 

0

Tweet

Share on Tumblr

Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Sudarshan Sukhani See what other Experts & Brokerages are saying about Taj GVK Hotels See messages about Taj GVK Hotels Taj GVK Hotels BSE | NSE 31/05/12 Are Mutual Funds betting on Taj GVK Hotels?

Current levels on Taj GVK are excellent for investors looking at a 6-8 months horizon, says Technical Analyst, Sudarshan Sukhani .

Sukhani told CNBC-TV18, "Taj GVK is not a trading stock as such; at least not for short-term traders. It goes up a bit but it is not known how much momentum it can sustain. But if you are an investor and looking at a 6-8 months horizon, then current levels are excellent for this stock as well as for Indian Hotels, its other company."

Taj GVK Hotels touched an intraday high of Rs 175 and an intraday low of Rs 160. At 14:37 hrs the share was quoting at Rs 171.75, up Rs 14.35, or 9.12%. It was trading with volumes of 321,450 shares. On Friday, the share closed down 0.38% or Rs 0.60 at Rs 157.40.