DLF, Unitech to move downwards: Rohit Shinde

ET Now spoke to Rohit Shinde, Asst. VP, Technical Research, CD Equisearch Pvt Ltd, on his views on the real estate pack.

ET Now spoke to Rohit Shinde, Asst. VP, Technical Research, CD Equisearch Pvt Ltd, on his views on the real estate pack.

ET Now: How are you looking at DLF and Unitech right now?

Rohit Shinde: These are very high beta stocks and the thing is that they have just bounced back with the markets. Yesterday, BSE Realty was the most outperforming sector, approximately 2% up.

So the up move has already come for all these stocks and now they will again slide down slow on the downside and may be on a sideways direction on the short term.
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