Sudarshan Sukhani, s2analytics.com is of the view that one can buy Indiabulls Real Estate .
Sukhani told CNBC-TV18, "A real estate stock is bottoming out, is building a base was interesting. If this is a momentum driven market, at least for a couple of days till the Nifty decides what to do, we could see a lot more activity in this smaller cap, midcap stock."
He further added, "Indiabulls Real Estate is probably one of the better charts in the real estate stocks in that group. So here is a buying opportunity. We are all talking of short term buying. I am not suggesting you go and make an investment in IB Real Estate but a short term buy is justified. A lot of these stocks have moved up quite rapidly. Take your stops but I don't think you will be stopped out. Chances are you will make money on this."
