Go short on IT and realty: Sandeep Wagle

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, in a chat with ET Now, gives his call on IT and realty stocks


What would you advise investors to do in this market?

Overall the market is weak and I would use every rally to go short in IT and realty stocks. DLF is a stock we have chosen to sell. I would like to sell it on a rally of Rs 205 to Rs 210, that is the range, stop loss of Rs 215.50 and a target of Rs 184 and TCS can be a good sell in the range of Rs 985 to Rs 995, stop loss of Rs 1015 and a target of Rs 950.