DB Realty faces resistance at 380-381: Mithil Pradhan

ET Now spoke to Mithil Pradhan, Market Analyst, on his views on stocks.

ET Now: How do you view DB Realty?

Mithil Pradhan: Not much of historical data available on this stock. It has been into a steady downtrend, from a level of 460, it touched about 365 on the downside.

The nearest resistance is coming at about 380-381 levels and this is where exactly the stock is not able to cross through, so since I have a sell signal on this stock, a very short-term sell signal, you can go ahead on a short with a very small, tiny stop loss and can expect about 365 on the downside.