Buy HDIL and DLF, avoid Anant Raj: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his views on real estate stocks.

The likes of an Ansal Properties, we have spoken about DLF but an Anant Raj after a 26% rise in the last seven days, even an Orbit Corp thrown in there?

These are trading plays and you can keep playing your 10-15% type moves on these, but I do not think even if you have to do real estate, Ansal Properties is the way to go. May be an Orbit, if you buy it around say 40, on a good day you may be able to get 51-52 but the only two stocks that I like to follow on real estate are HDIL and DLF. HDIL whenever it declines towards 150, it becomes a decent buy and you generally get levels of 175. The others are too speculative if I may use the word, I would avoid things like Anant Raj, etc., because these stocks have a lot of pledged equity and you do not know what hits the market when, so try to be with some of the larger names.