SP Tulsian of sptulsian.com told CNBC-TV18, "I have picked Zee Entertainment largely from a profit booking point of view. If you see the price pattern on September 30, it used to rule at Rs 226-227. We have seen it moving to Rs 255 yesterday. When focus starts shifting may be on rate sensitives, we are bound to see profit booking in the stock. That is what the price behaviour of this stock suggests if you plot the chart for last four-six months, so that is the reason for sell call on Zee Entertainment."
He further added, "Brigade Enterprise has launched a premium residential project of about 880 apartments and the apartment size ranges from about Rs 1250 to Rs 4000 plus. This project is developed by subsidiary of the company and the Singapore investment arm."
"The project is launched on White Field main road in Bangalore which is a prime area. Brigade Enterprises has been known for quality development. If you see its projects in Bangalore, people go by their name. In case of Bangalore market, DLF also says that Bangalore is seeing good uptick in prices as well as good lift. I am keeping a positive view on real estate sector at these levels, so this looks a good stock. One can look for a level of about Rs 62-63, a rise of about 15 percent in the next one week," Tulsian said.
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