Buy Indiabulls among realty pack: Deepak Mohoni

In a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com, talks about real estate.

ET Now: What is the call on real estate?

Deepak Mohoni: They need the backing of the market. We need a pretty good market rally to launch these stocks but at the moment Indiabulls Real Estate indeed is the stock which is going against the pack whereas you have the HDIL, DLF not really doing that well given there is a kind of a market correction happening. So if there is a real estate play, I would go with an Indiabulls for buying but overall for trading these, get a clear cut market intermediate uptrend and then these stocks are imminently tradable simply because of the high volatility.