Feb 18, 2013, 11.17 AM | Source: CNBC-TV18
Sell Indiabulls Real Estate, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, "Indiabulls Real Estate pulled back on Friday but I would still be a seller in it because unfortunately it has broken down from a visible distribution pattern. So, any rallies that we see are relief rallies. We just need to be patient for these rallies to exhaust themselves and sell it."
At 10:58 hrs Indiabulls Real Estate was quoting at Rs 71.45, up Rs 0.55, or 0.78%. It has touched an intraday high of Rs 71.85 and an intraday low of Rs 70.50.
The share touched its 52-week high Rs 83.90 and 52-week low Rs 46.30 on 22 February, 2012 and 04 September, 2012, respectively. Currently, it is trading 14.84% below its 52-week high and 54.32% above its 52-week low. Market capitalisation stands at Rs 3,029.56 crore.
"The operation committee of the board of directors
Sudarshan Sukhani of s2analytics.com recommends se
The said project will have 1,469 flats for sale, o
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In a filing to the BSE, IBREL informed that the Op
On Monday, the Mumbai-based developer had announce
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