Sell IndusInd Bank, Titan Industries: SP Tulsian

Written By Unknown on Kamis, 25 April 2013 | 23.06

SP Tulsian of sptulsian.com advises to sell IndusInd Bank and Titan Industries . According to him, both stocks are showing weak trend.

Tulsian told CNBC-TV18, "I am giving two sell calls, first on IndusInd Bank and second on Titan Industries. If you really take the call on IndusInd Bank the target of Rs 462 can be set with a stop loss of Rs 470 and for Titan Industries the target of Rs 258 with a stop loss of Rs 262 or Rs 262.50."

He further added, "Both the stocks are showing weak trend and because rollovers are seen quite low for both the stocks, so those who are not able to catch the target or stop loss one should look for a return of about 1 percent on the weakness side. Even if they enter into the current price, look for a gain of about 1 percent on the short side."



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