Friday, 18 September 2009

Invest in Asian Hotels, Hotel Leela: Sukhani

One can invest in Asian Hotels, Indian Hotels, EIH and Hotel Leela, says Technical Analyst, Sudarshan Sukhani.

Sukhani told CNBC-TV18, "All the three-four hotel companies have rallied after big base building and consolidation. I think there is an investment opportunity in the hotel business. I don’t know about short-term trading because sometime after these rallies, the stock can consolidate but an investor need not worry about that part. If it consolidates, let it. So there are investment opportunities in Asian Hotels, Indian Hotels, EIH and Hotel Leela. While all of them equally deserve; I think Hotel Leela is the most attractive among the four.”

Source: Moneycontrol

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.