DLF, Unitech have limited upside: Gujral

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DLF, Unitech have limited upside: Gujral

Technical Analyst, Ashwani Gujral is of the view that DLF and Unitech do not seem to be having a lot of upside momentum.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » RELATED NEWS Above Rs 291, Unitech can cross Rs 300: Bose ALSO READ See previous views by Ashwani Gujral See what other Experts & Brokerages are saying about DLF See messages about DLF DLF BSE | NSE 28/05/12 Are Mutual Funds betting on DLF? Other Stocks in this news Unitech |

Technical Analyst, Ashwani Gujral is of the view that DLF and Unitech do not seem to be having a lot of upside momentum.

Gujral told CNBC-TV18, "Real estate is quite rangebound probably it is the interest rate pressure but DLF and Unitech are still hanging quite near their lows that they have hit. So broadly they do not seem to be having a lot of upside momentum. The stocks that are gaining momentum are telecom, private sector banks, IT, oil and gas, I do not think real estate or PSU banking stocks are directly impacted by interest rates. That has a lot of momentum even on the charts."