Sell DLF, Indiabulls Real Estate: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, “Only those stocks can be sold that are in the Future and Options. DLF and Indiabulls Real Estate are both opportunities to go and sell. We have talked about DLF many times – Indiabulls Real Estate has also come in our sell list. We have had a big decline today. This selling should be done only on small rallies or consolidations. Don’t go and rush on Monday morning.”

On May 31, DLF closed at Rs 194.85, down Rs 11.15, or 5.41 percent. It has touched an intraday high of Rs 205.10 and an intraday low of Rs 193.20. On May 31, Indiabulls Real Estate closed at Rs 69.80, down Rs 5.30, or 7.06 percent. It has touched an intraday high of Rs 75 and an intraday low of Rs 68.75.