Technical Analyst, Ashwani Gujral is of the view that Real estate stocks are likely to retest lows.
Gujral told CNBC-TV18, "If the financials are in trouble, if interest rates are going to be hiked, if the stock market is going to come down then brokerages, financials all of these stocks will be under pressure. Real estate also had that 15-20-25% rallies and it is likely to retest lows, these are the kind of stocks which will reach their previous lows probably before the market does because there is extra pressure now."
