Bullish on EIH: Vijay Bhambwani

Vijay Bhambwani, Author, CEO, BSPLindia.com, in a chat with ET Now, gives his views on EIH


One quick word on EIH as a stock?

I would remain optimistic on this counter with six quarter perspective. In the absolute short term this is a news driven up thrust. I think it could exhaust itself at approximately Rs 97 or Rs 98 levels and that is where profit taking might come. On declines the Rs 84 mark is a support at this point in time.