In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.
Buy Cinemax India with a day target of Rs 140 and stop loss of Rs 128. I am continuing this buy call which I gave yesterday on the reason that the company is likely to see the stake sale by the promoters and three serious multiplexes companies are seen to be in the fray for acquiring the stake. As a precursor to this company in the past have hived-off its real estate property ownership from the company and made this company purely as an exhibitor and informed buying is seen in the stock for the last two three days. Buy Reliance Capital with a day target of Rs 418 and stop loss of Rs 390. The company has posted robust Q2 numbers with an EPS of over Rs 16 on consolidated basis for the quarter with PAT at Rs 400 crore plus as against Rs 330 crore having posted for whole of FY12. This encouraging result is likely to see the value buying in the stock. Buy Anant Raj Industries with a day target of Rs 90 and stop loss of Rs 84. This real estate company having strong presence in NCR region has seen the huge value buying yesterday ahead of its Q2 numbers on 9th November which are likely to be quite good. This trend of positive bias is likely to continue for next two days as well. Buy HDIL with a day target of Rs 112 and stop loss of Rs 105. The realty stock have seem to come back in focus and huge delivery based buying has been seen in the stock ahead of its Q2 numbers on 9th November and the results are likely to be positive.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!