Buy EIH at 130-135 levels: Devang Visaria

In a chat with ET Now, Devang Visaria, Chief Strategist, devangvisaria.com talks about EIH & EIH Associated.

How do you see EIH and EIH Associated on the charts?

Devang Visaria: For EIH, 155 was the resistance and its average traded price is closer to that levels and now you are seeing a correction and sell off rather. On the downside 135-130 would be very strong levels for EIH. So possibly if you get it at those levels you could look to buy the stock.

EIH Associated is locked at the upper circuit right now around 197 or so I think 210 is a strong resistance for the stock possibly 210-215 on that all time highest for the stock so possibly we will see some profit booking coming in at those levels. And If it were to get pass 220 on the upside there could be a spurt to 250-260 kind of levels but I think 210-215 would be the immediate short term target for EIH Associated.