Short UCO bank, IRB Infra says SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "UCO Bank and IRB Infrastructure Developers are two short calls. First short call is UCO Bank, because the kind of weakness which we have been seeing all around, in all the PSU banking stock and this, is from the high beta, midcap, midsized PSU bank. I am going short on UCO Bank with a day target of about Rs 62 with a stop loss of Rs 63.50."

He further added that "The second short call is IRB Infrastructure Developers. The  weakness is seen in all the infra stocks specifically in this stock as well. So, day target of Rs 102, with stop loss of Rs 105.50."

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