DLF has support at Rs 440: Gujral

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DLF has support at Rs 440: Gujral

Technical Analyst, Ashwani Gujral is of the view that DLF has support at Rs 440. He also advises to have very long-term view or get out of these interest rate sensitives for the moment.

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Technical Analyst, Ashwani Gujral is of the view that DLF has support at Rs 440. He also advises investors to take very long-term view or get out of these interest rate sensitives for the moment.

Gujral told CNBC-TV18, "DLF went through its usual pullback rally and now is likely to drop lower, I think Rs 440 is a next support it well gained strength only above Rs 515. Interest rate sensitives in general are losing strength, Indiabulls Real  is acting much worse; could now go down to about Rs 239-240 and resistance at Rs 326. So unless one is taking a very long-term view, I think he/she needs to get out of this interest rate sensitive for the moment."