Target of 174 for Indiabulls Realty: Devang Visaria

ET Now spoke to Devang Visaria, Chief Strategist, devangvisaria.com, on his stock picks.

ET Now: What are your today’s stock picks?

Devang Visaria: For the realty stocks, we have a medium-term positive bias. Stocks like DLF or a Unitech or a Indiabulls Realty, all of the pack is likely to surprise us on the upside.

Indiabulls Realty we picked up because the risk-reward ratio is very good for trading play, because with a stop of just around 163.50, yesterday's close was closer to 166. We were expecting targets of 174, which was the high for the past two days and extending it further, you could possibly get at 180 levels also on the upside.