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DLF has ability to move up: Bose
2008-05-05 18:52:42 Source : IMW/CNBC-TV18
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Technical Analyst, Rajat K Bose is of the view that DLF has ability to move unless and untill it falls below Rs 691.
Bose told CNBC-TV18, "My pick has been the two leaders, DLF and Unitech. Although Unitech performed today, but DLF has disappointed me and I wasn’t expecting it to come down below Rs 713. It has come down below that. But unless and until DLF falls below Rs 691, it retains its ability to move up.
He further added, "Apart from that, even stocks like Puravankara or even IVRCL Infrastructure might actually show some good movement on the upside."
Disclosure: It is safe to assume that analyst and his clients may have an interest in the stocks/sectors discussed.
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