Go long on Sun TV; short Adani Enterprise: SP Tulsian

SP Tulsian, sptulsian.com advises to short Adani Enterprise and one can go long on Sun TV.

Tulsian told CNBC-TV18, “I will short on Adani Enterprise with a stop loss of Rs 204 and target of Rs 199 because the kind of volatility which we have been seeing in this market can make to see those levels. I will go long on Sun TV with a target of about Rs 371 with stop loss of Rs 363.”
On April 10, Sun TV Network closed at Rs 368.40, up Rs 7.35, or 2.04 percent. It has touched an intraday high of Rs 370.10 and an intraday low of Rs 354.