Expect good bounce in DLF: Bose

Technical Analyst, Rajat K Bose is of the view that if DLF crosses Rs 440 and stays above that then you will see a good bounce in it.

Bose told CNBC-TV18, "Unitech actually failed below Rs 171 it was holding out there, it fell below Rs 171 yesterday and it was a big capitulation but today once again it has come close to that this arrive for a good rally. DLF the crucial level was Rs 440 but it fell below that and it went much below that, so if DLF crosses Rs 440 and stays above that then you will see a good bounce in that as well."

He further added, "Apart from them if you track all these real estate stories you will find that HDIL shows maximum volatility so any kind of the bounce either on the upside or on the downside would be reflected in HDIL’s movement."