Go long on Godrej Industries, says SP Tulsian

SP Tulsian, sptulsian.com advises traders to go long on Godrej Industries.
 
Tulsian told CNBC-TV18, “Godrej Industries, Pantaloon and Financial Technology are three stocks, which are seeing short covering. I see some fundamental elements which will start panning out over all three stocks.”
 
He further added, “In terms of the re-rating of Financial Technology, because of the MCX India having bottomed out or maybe Pantaloon restructuring move having approved by Bombay High Court or maybe in terms of Godrej Industries where we see the effect of Godrej Properties coming in because Godrej Industries is a holding company of Godrej Property and the kind of run up which we have seen today, Godrej Property has not seen getting reflected into Godrej Industries. So, these stocks should be kept on radar from one week point of view on the long side.”