Vora told CNBC-TV18, "I think Omaxe, Brigade, Puravankara have a long way to go on the upside. There is opportunity in these companies but it is very important to make sure to not only to look at them technically but also to make sure you look at their P/E and look at price to earnings etc and make sure they aren't highly overvalued or over leveraged companies. So there is a way to go in these companies and they must be traded with extremely tight stop losses because you can end up getting burnt really quickly if the market turns to other way round."
