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May 03, 2012, 11.39 AM IST
Buy DLF, says Rahul Mohindar, viratechindia.com.
Buy DLF , says Rahul Mohindar, viratechindia.com.
Mohindar told CNBC-TV18, "In DLF if you look at the last two years we have really seen this bottom of Rs 175-180. This is a critical zone. In fact just two to three months ago we have kind of double-bottomed this Rs 170-180 area. So I think it’s an interesting spot where we have moved up in DLF."
He further added, "I would still put on a buy call on the stock. I would look at buying the stock if it declines maybe Rs 3-4 from the current close, so could be a buying opportunity even today. Rs 185 is good support, so really one should keep stops below that. So Rs 182-181 that’s a good stop to work with and over the next two to three months one could look at a significant 20-25% return here."
May 22 2013, 13:11
- in MARKET OUTLOOK
May 22 2013, 10:44
- in Economy