Sell DLF, look for an immediate target at 186: CK Narayan

In a chat with ET Now, CK Narayan, Growth Avenues Asset Advisors shares his views about DLF.

ET Now: What is the call on DLF?

CK Narayan: For a long time if you look at DLF it used to have pretty good support at about 192 but that seems to be under some kind of relentless attack. Given the situation right now surrounding real estate and the market as a whole, DLF may well give way with that particular support. So, I recommend a short at about 192, keeping a stop loss of 196 and look for an immediate target at 186.