Buy Puravankara on declines: Shardul Kulkarni

Shardul Kulkarni, Sr. Technical Analyst, Angel Broking in an interview with ET Now talks about Puravankara.

Any of these counters that you probably have watched out for an ARSS Infra, Puravankara Projects or for that matter even a Shoppers Stop?

I would say that Puravankara looks quite good because the monthly charts clearly show you that yes, you might see the momentum extending for the next probably three or four months going forward, so Purvankara looks good from a monthly perspective if you have a timeframe of probably 3-4 months, then any dip in the stock probably to around 6-8% in the next 4-5 days, you should be entering into this particular counter and trade is bullish in this particular real estate counter. Very few real estate counters are showing you good momentum, one of them is also DLF, so we would look at these two stocks in the real estate space.