Sell Indiabulls Real Estate, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Real estate stocks are cracking as if there is nothing to hold there."

He further added, "DLF has broken; Indiabulls Real Estate has broken support level and also confirmed a bearish head and shoulder. A lot of stocks are doing that now."
"While the Nifty is completing its pattern, midcap stocks are now developing and creating their own. Therefore, Indiabulls Real Estate is a short sell and most of the real estate stocks are selling opportunities," Sukhani said.