Tulsian upbeat on HDFC

SP Tulsian, sptulsian.com is upbeat on HDFC.

Tulsian told CNBC-TV18, "A stock like Housing Development Finance Corporation (HDFC) where the management has hinted that one can expect a growth of 20 percent for the next three years, I don't know which company has this kind of confidence and who can really give such guidance?

He further added,, "I am keeping my positive stance on this stock and any kind of fall should be used as an entry point if it corrects and even at a current level of Rs 800 definitely I will be taking this as a positive correction for the investor. The traders may remain away. One can see a level of maybe about Rs 785-790 or so. So, I am not disputing on that, but definitely it makes a very good entry point for the investors."