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Last Updated : Nov 21, 2012 12:28 PM IST | Source: CNBC-TV18

Buy Hotel Leela, Thomas Cook, Vaibhav Gems: Tulsian

In CNBC-TV18's popular show Bull's Eye, SP Tulsian of sptulsian.com shares trading strategy of the day.


In CNBC-TV18's popular show Bull's Eye, SP Tulsian of sptulsian.com shares trading strategy of the day.


Buy Hotel Leela with a day target of Rs 32 and a stop loss of Rs 30. There are some news that the company is likely to monetize one of its property for over Rs 500 crore and the company is also likely to see some big corporate announcements which are likely to rerate the stocks in the time to come. In anticipation of this news we have seen the informed buying taken place yesterday.


Buy Thomas Cook with a day target of Rs 68 and a stop loss of Rs 63. In view of the promoter holding of 87 percent there is a strong buzz in the market that in the next 3-4 months the promoters of the company are likely to initiate or offer a delisting move which is likely to see a big value accretion likely to happen in the share price in this period.


Buy Vaibhav Gems with a day target of Rs 121 and a stop loss of Rs 109. This gem and jewellery is seeing a huge informed buying and the buy call has been given on the stock purely as a trading buy with a limited time horizon of maybe next couple of days purely as a momentum play on the stock.

Short Unitech with a day target of Rs 24 and a stop loss of Rs 26. This real estate company is seeing huge profit booking as well as opening of new shorts in line with the profit booking having seen in all real estate stocks and hence likely to remain weak for the next couple of days and hence a sell call.



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First Published on Nov 21, 2012 12:17 pm
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