hotel Leela has a very good support at 31-33 levels and a strong resistance at 43 - 45. presently trading at 33 it is a verty good buying opportunity for the short term.
i think this scrip is having resistance at 36
level once it is crossed 36 i think it will surely move to 40s level 43-44 i dont think there is any difficulty. only resistance after that is 47
but i dont it will go past 36 in this rally.
but surely there is a support at 31-33 level
one should buy at these level for the target on 35
while i do not rule out 40+ levels ur rationale from a result stand point does not hold goood...the results have already been factored in....if the markets scale 4800 then this will play along as well.....if it plays high beta 40 levels are a given
| NIFTY 
