DLF can add 4-5%: Atul Badkar

Published on Thu, Jan 19, 2012 at 14:30 |  Source : CNBC-TV18

Updated at Thu, Jan 19, 2012 at 14:33  

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Atul Badkar, Edelweiss Securities

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DLF can add 4-5%, says Atul Badkar, Edelweiss Securities.

Badkar told CNBC-TV18, "Metal and real estate sectors have done very well. Particularly in the real estate space, I think DLF still looks like there is some more strength left. We see some serious cash buying over the last few trading sessions. I think this name could move up another 4-5%."

He further added, "Across the board real estate from these prices maybe an HDIL or Unitech are avoid. In the infra space also like I mentioned IVRCL and JP Associates or Lanco , all of them have performed significantly. So that's one sector where I think you should very clearly book profits. Any rise from here, you can look at taking some fresh shorts."

  

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