Value buying seen in PFC and REC , says SP Tulsian, sptulsian.com.
Tulsian told CNBC-TV18, " Sintex and VIP Industries both fall in the weak category because the kind of profit booking or maybe exit of trading positions which we have been witnessing in both these stocks are primarily the reason."
He further added, "If you take a call on REC and PFC, I don't think that one can really say that the weakness exists from here on because if you see the trading pattern for both these stocks from last one month, they have been moving in a tight range. One day you see the corrections happening in both these stocks maybe by 1-2% then suddenly after 3-4 days you see it rising by 4-5%. So, I don't think traders are even capable take a call but on fundamental basis, I do see value in both the stocks PFC and REC from here on."
