Short sell Indiabulls Realty: Mitesh Thacker

"...this could be shorted with a stop at about 78.70 with price targets of 72-71."

| Updated: Sep 23, 2011, 10.32 AM IST

Mitesh Thacker, Technical Analyst, miteshthacker.com, talks to ET Now on various stocks.

What is your call on Indiabulls Realty?

I have got a sell on Indiabulls Realty. We saw reality stocks again getting into a corrective mode yesterday. IB Realty had not participated in much on the upside unlike DLF which has done extremely well. So this could be shorted with a stop at about 78.70 with price targets of 72-71.

Not making enough money in stocks? Click here for real-life stories of successful investors.

Too busy to trade in stocks? Invest in Mutual Funds with ET Money!