Buy West Coast Paper, UB Holdings: SP Tulsian

In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.

Buy West Coast Paper with a day target of Rs 122 and stop loss of Rs 111. I am continuing this buy call which I gave yesterday on the news that the promoters of the company are almost seemed to have finalized the terms for sell of their stake in the company at a very hefty valuation and informed buying is seen in the stock for last 2-3 days and the upside is still seen to the extent of about 20 percent from the current price and hence a buy call. Buy UB Holdings with a day target of Rs 153 and stop loss of Rs 138. This buy call also is repeat which was given yesterday also because the stake sell by UB Group in United Spirits Ltd. is likely to happen very soon, probably in this week at a valuation of over Rs 1,500 per share and since this is the flagship investment arm of UB Group which is holding 2.40 crore shares directly in United Spirits Ltd. is seen to be a big beneficiary because of this deal because of rise in the net asset value of the investments held by the company Short GMR Infra with a day target of Rs 21 and stop loss of Rs 23.50. As Aviation Ministry has abolished the ADF on Delhi Airport this company is likely to see a revenue loss or the extra equity infusion burden of Rs 2,200 crore and this is seen to be quite negative because the operational performance of Delhi Airport from 1st January, 2013 will result into the losses because of this abolition of the ADF. Short GVK Power with a day target of Rs 12.75 and stop loss of Rs 14.25. Here also because the Aviation Ministry has abolished the ADF at the Mumbai Airport company is seen to be having a revenue loss or the fresh equity infusion burden of Rs 600 crore into the company Mumbai International Airport Ltd. and because of that its financial performance are also likely to take a beating from 1st January, 2013 onwards which is likely to be seeing selling by the investors as well as fresh shorts likely to seen getting created.