Technical Analyst, Ashwani Gujral is of the view that Puravankara Projects can go upto Rs 156.
Gujral told CNBC-TV18, "Real Estate stocks after moving sideways for a long time are starting to move out. Puravankara Projects has made some kind of a move that could get up to levels of Rs 156. The real estate stocks are moving higher but they are not at levels where you would like to buy them they need to move much higher and probably show some more strength before you go whole heartedly into these stocks."
He further added, "Right now the sector to be with continues to remain banks, may be GSFC also looks good and that could get up to Rs 450. Deepak fertilizers can go upto Rs 165 so some of those fertilizer stocks are also looking good."
