Buy Kingfisher, United Breweries, Provogue: SP Tulsian

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

Buy Kingfisher Airlines with a day target of Rs 14.50 and stoploss of Rs 12.75. United Breweries will be looking to induct a strategic investor from the foreign airlines into the company and for doing that the UB group will be soon taking steps to pay the debt to the bankers of the company which is standing to the extent of Rs 7500 crore as also shall clear the liability of about Rs 5000 crore and hence a buy call. Buy Provogue with a day target of Rs 20 and stoploss of 17.80. This call also I gave yesterday as a buy call and I am continuing for the day also because the stock is seen as a fit case for FDI in multi-brand retail because of the strong presence of the company in Maharashtra state including Mumbai. Maharashtra government is eager to allow FDI in multi-brand retail in the state and this company and promoters are keen to induct a foreign partner to scale up their operations and hence a buy call. Buy Lanco Infra with a day target of Rs 14 and stoploss of Rs 12.25. The company has commenced a 1200 megawatt power projects under its subsidiary and the production has stabilised as also having connected with the grid and the evacuation of the power has started and apart from that because of the setting up of the national investment board by the government the positive view is seen on all the infra stocks and this company which is in the process of monetising some of its assets for reduction of its debt will also go in its favour and hence a buy call. Buy HDIL with a day target of Rs 90 and stoploss of Rs 82. The stock has witnessed very good delivery based buying largely indicated to be from the institutional investors which has also led to the short covering and overall all the real estate stocks and specially those who are leaders in the respective city are seeing the value buying and rerating and hence a buy call.