HDIL is a sell with a target of Rs 114:

In chat with ET NOW, Prakash Gaba, CFT, prakashgaba.com gives his call on HDIL.

What is your call on HDIL?

HDIL is a sell. Looks like it is getting exhausted in the upper regions, very stiff resistance, Rs 118 or so that is the place I would place the stop and may be expected to slide down to levels closer to Rs 114 to Rs 110 in the days to come. It can slide to Rs 110 but first target would be Rs 114.