Book profit in Dish TV around Rs 88-89: SP Tulsian

SP Tulsian, sptulsian.com advice traders to book profit in Dish TV around Rs 88-89.

Tulsian told CNBC-TV18, “One has to be selective in real estate space, having seen such a big run-up in many of the stocks, but still I will keep my positive view on Indiabulls Real Estate and HDIL the two real estate companies having good presence in the Mumbai property market.”
He further added, “If you have a long term view then definitely I don’t think that there is any reason to exit from stocks like Sun TV, Dish TV, Hathway and Den Network. In fact Den Network and Hathway also have seen a pause. So, if you are investor and if you are taking a call of about 3-4 months also, all four stocks make you to remain invested. For the traders may be Rs 88-89 looks to be the level where in Dish TV one can look to exit and book the profits.”