In CNBC-TV18's popular show Bull's Eye, SP Tulsian of sptulsian.com shares trading strategy of the day.
Buy UB Holdings with a day target of Rs 151 and stop loss of Rs 143. I am continuing this buy call which I gave yesterday also on the hopes that stake sale in United Spirits is likely to happen soon to Diageo and this company holding 2.40 crore shares of United Spirits Limited because of which this stock valuations are likely to go up substantially and the bias on the stock is likely to continue. Buy Dish TV with a day target of Rs 84 and stop loss of Rs 79.50. The company is likely to consider its Q2 numbers today which are likely to be quite good because we have been seeing the upward movement in the financial performance of the company for last two quarters and because of digitization move having initiated by the government for all four metros by 31st October is likely to benefit this companies quite a lot. Buy Den Networks with a day target of Rs 176 and stop loss of Rs 167. This cable company is also likely to be seeing a big beneficiary of digitization’s move in four metros by 31st October and this company is having strong presence in northern India and we have been seeing the informed buying in the stock for the last couple of months and that informed buying seems to have resumed again at the lower levels. Buy TV Today with a day target of Rs 77 and stop loss of Rs 72.50. This media company is looking quite attractive on the hopes of some corporate announcements likely to get made by the company in the near term as also the informal buying seen in the stock for the last couple of days.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!