May 21, 2012, 06.37 PM IST

DLF may rally to Rs 194-196: Bothra

DLF may rally to Rs 194-196, says Kunal Bothra, LKP

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Kunal Bothra, LKP feels that, if DLF  holds Rs 186 then it may rally to Rs 194-196.


Bothra told CNBC-TV18, "DLF was moving in a band of Rs 182 and Rs 186, it’s managed to open with a gap up today. If it holds Rs 186 in the next 1-2 days one can go long with a target of Rs 194-196 on it from an extremely short term."


He further added, " United Spirits is the another stock which looks good on the chart, its an excellent chart from short term perspective. Anyone who is trading probably from 3-5 days perspective should go long on this stock. My target for this is Rs 670-675 keeping a stop loss of today’s low which is at Rs 635.


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