In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.
Buy UB Holdings with a day target of Rs 138 and stoploss of Rs 130. I am continuing this buy call which I gave yesterday because this is the flagship investment arm of UB Group and the stake sale in United Spirits to Diageo is likely to happen in the near term, maybe in next couple of days at a price of over Rs 1500 per share and this company holding 2.40 crore shares of United Spirits will be seen as a huge beneficiary. Buy Unitech with a day target of Rs 28.25 and stop loss of Rs 26.75. The company is witnessing informed and value buying because this is the only real estate stock which is not really participated in the recent rally and now we have seen that happening on the hopes that the company is likely to do well now since it is focused purely on real estate and having got out from the telecom venture. The stock is witnessing informed buying for last couple of days. Buy 20 Microns with day target of Rs 166 and stop loss of Rs 158. This is the largest rock white mineral producing company which has the diverse applications in the various industries for multi-purposes and the stock has been into the limelight and focus for the last 15 days and we have seen that renewed buying interest coming in back at the lower level into the stock and hence the buy call has been given purely from the trading point of view. Buy Tata Global with a day target of Rs 174 and stop loss of Rs 166. The stock has hit 52 week high on the value buying scene in the stock as it is expected that company will be very aggressive in expanding the 100 stores of Starbucks in next 6-12 months and ahead of that the stock is witnessing value buying.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!