SP Tulsian of sptulsian.com told CNBC-TV18, “Two short calls. On JP Associates, a little weakness was seen in all the stocks of JP Group. The share is likely to remain weak for quite some time.”
“Go short on United Phosphorous. After holding the share quite firm post its Q4 number, which has been very good, there is liquidation of long positions and profit booking by the institutional investors. If this trend continues, the stock can further correct by about 5 percent in the next week,” Tulsian said.
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