HomeNewsBusinessStocksGo long on Reliance Infra & Indiabulls Real Estate: Tulsian

Go long on Reliance Infra & Indiabulls Real Estate: Tulsian

One may go long in Reliance Infra as the stock to move to a level of Rs 337 and advises to go long in Indiabulls Real Estate and target a price of about Rs 62, says SP Tulsian of sptulsian.com.

June 25, 2013 / 17:54 IST
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SP Tulsian of sptulsian.com told CNBC-TV18, "I have picked up two long calls. First, I am going long on Reliance Infra. The kind of short covering which we have been seeing in the stock can make the stock to move to a level of Rs 337 by expiry of the day."


"One can buy Reliance Infra with a stop loss of Rs 330 for a target of Rs 337. The second call which I have chosen is Indiabulls Real Estate. I think the renewed buying seem to have come back after yesterday's weakness and maybe the weakness which we have seen in the first half is likely to continue till expiry. So one can see a price of about Rs 62 by end of the day with a stop loss of Rs 60," he added. Also Read: CCEA allows power cos to pass imported coal cost, stocks up
first published: Jun 25, 2013 05:54 pm

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