SP Tulsian of sptulsian.com told CNBC-TV18, “I will go long on Jaiprakash Associates. I expect the stock to move to Rs 84-85 level in the near term. That may not happen today. The target which I gave for the day is look for Rs 82 with a stop loss of Rs 80.”
He further added, "Second is a short call on Zee Entertainment. The kind of weakness or may be the profit booking which we have been seeing indicates that some fatigue is coming in which may see to have some profit booking more coming in. So, look for a target of Rs 243 with a stop loss of Rs 248.”
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
