DLF best bet in the realty pack: Rohit Shinde
The strongest in the realty group, DLF, is in fact a trigger buy.
By 
|
| What about the realty pack?
Rohit Shinde: First of all, I will go with the strongest among the realty pack. I find strength only in DLF. Now DLF in fact is a trigger buy. If it goes above 366, please go into the stock because short term also, past 1 or 2 months, it is showing extremely good upward trend. If you go with Unitech, unfortunately it is sliding down. It may slide down to as low as 80 to 82 levels where it can take support.
Same thing with Indiabulls Realty. But if you see Archies, it definitely is finding like lot of good volumes coming up and in fact unfortunately maybe last month where there was no good volume but as of now, past 8 to 10 days a very good volume. So one has to be little bit careful but definitely if it holds 160, definitely we will look to buy the stock for the short term.
Rohit Shinde: First of all, I will go with the strongest among the realty pack. I find strength only in DLF. Now DLF in fact is a trigger buy. If it goes above 366, please go into the stock because short term also, past 1 or 2 months, it is showing extremely good upward trend. If you go with Unitech, unfortunately it is sliding down. It may slide down to as low as 80 to 82 levels where it can take support.
Same thing with Indiabulls Realty. But if you see Archies, it definitely is finding like lot of good volumes coming up and in fact unfortunately maybe last month where there was no good volume but as of now, past 8 to 10 days a very good volume. So one has to be little bit careful but definitely if it holds 160, definitely we will look to buy the stock for the short term.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
