Buy Titan Industries; short Bharti Airtel: SP Tulsian

Written By Unknown on Senin, 29 April 2013 | 23.07

SP Tulsian, sptulsian.com advises to buy Titan Industries and short Bharti Airtel .

Tulsian told CNBC-TV18, "I have taken a long call on Titan Industries, because I think the renewed interest is coming back into the stock. We have seen many large investors having reduced their exposure in the company, but since then maybe with the gold price stabilisation the stock now seems to be going upward and the kind of renewed buying we have seen coming back. Target for the day is Rs 277 with stop loss of Rs 271."

He further added, "The second stock which I have chosen is going short on Bharti Airtel because I am not keeping the positive stance on the telecom stocks including Idea because even Idea seems to have gone up beyond its value and may see correction in the near-term and may correct to Rs 320. So in Bharti the stop loss is at Rs 318 for a target of Rs 312 by the end of the day."



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