Hotel Leela is a buy: Hemant Kale, Maia Financial Services

Hemant Kale, MD, Maia Financial Services in a chat with ET Now talks about Hotel Leela.

You have set a target of 64 for Hotel Leela. How many trading sessions do you see for this stock to reach its target?

If you look at the stock charts of Hotel Leela, four weeks of consolidation, then it has given a breakout. In another couple of weeks, it can achieve this target of around 64, keep a stop loss of 52 and you can initiate a buy trade.