CA Rudramurthy BV, Head-Research at Vachana Investments told CNBC-TV18, "I am very bullish on real estate sector. For me DLF looks a very strong buy. The stock is holding its strong support at levels closer to Rs 215-220 and is headed towards immediate target of Rs 231. Eventually it can even move towards levels closer to Rs 260 from a medium to longer timeframe. So, for me DLF is a buy on very dip. Have a stop loss of Rs 220 for the trading call."
"I have a buy call on Reliance Capital. The stock is finding strong support and dips are getting bought. Reliance Capital can be bought for short-term. Look at target of Rs 490 with a stop loss of Rs 445."
"I have a buy call on Jain Irrigation Systems, Rs 108-110 has been a very strong support. This stock can move immediately to levels of Rs 123 and eventually Jain Irrigation can even move to levels closer to Rs 150. I will have a stop loss at Rs 110 and will trade long for a target of Rs 123," he said.
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