Buy DLF around Rs 260-262, says SP Tulsian of sptulsian.com.
Tulsian told CNBC-TV18, “DLF, I have taken a short-term call or the near-term call of about Rs 280-285 and that target has already been met. However, if you see the profit booking now coming in generally once that starts coming in probably the stock can fall by about 6-8 percent.”
He further added, “Rs 260-262 looks to be a good entry level and as such all the real estate stocks are now into the profit booking mode whether you see the Mumbai based real estate stocks or the Bangalore based. So, that also may be hurting the stocks to a limited to extent. So, maybe Rs 260-262 looks to be a good entry level for the stock.”