Expect 10% returns in RCF: SP Tulsian

Rashtriya Chemicals and Fertilizers (RCF can give a return of about 10 percent in next 10-15 days, says SP Tulsian,  sptulsian.com.

Tulsian told CNBC-TV18, "A lot of ideas are prevailing in the real estate stocks. If you really keep a selective call one  could look for the Peninsula Land or Bombay Dyeing because those stocks look good. Broadly first let me take a view  on the Nifty because I have been keeping my view when the series has started that 6000-6050 is seen possible on the  Nifty Futures and on 6050 level we are just away about 80-85 points. But still if you really see some of the stocks  maybe in those sectors like the odd counters which are not reflected much into the index like Godrej Industries or  maybe the stocks like Godrej Consumer Products and coming back on the housing finance companies LIC Housing  Finance, Housing Development Finance Corporation (HDFC).”
He further added, “If you are taking a trading view from hereon one should remain prepared to book profit of maybe  1.5-2 percent, but the midcap ideas really remain quite good going forward. Just take the case of Rashtriya Chemicals  and Fertilizers (RCF), the Offer For Sale (OFS) which we have successfully going through even I am keeping a  positive stance on that stock as well which can give a return of about 10 percent in next 10-15 days, so these are the  ideas which one has to pick and choose more in the non-index segments rather than the index one."