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DLF has target of Rs 854: Gujral

Published on Wed, Apr 30, 2008 at 13:56 , Updated at Wed, Apr 30, 2008 at 15:01
Source : CNBC-TV18

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Technical Analyst, Ashwani Gujral is of the view that DLF has target of Rs 854.

Gujral told CNBC-TV18, "If the investor buys DLF right now with Rs 650 kind of stoploss and looks at targets of about Rs 763 to about Rs 854, it’s a trading move and one has to take it like that. One cannot buy today and hope for Rs 1,200 to come immediately. So take it with a target of about Rs 850-900. There are lots of short coverings still to happen and these stocks will probably rise because of that."

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