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Go long in DLF, says Sukhani

Sudarshan Sukhani of s2analytics.com feels one can still go long in DLF and keep a tight stop loss.

May 22, 2013 / 18:51 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, “DLF is a buying opportunity. The context is that the Nifty itself is a little dull. If the markets take off then certainly rate sensitives at current levels would become very attractive. But it is okay, you can still go for a long position in DLF, keep a tight stop loss.”


DLF touched its 52-week high Rs 289.20 and 52-week low Rs 169.55 on 12 March, 2013 and 04 June, 2012, respectively. Currently, it is trading 21.47 percent below its 52-week high and 33.94 percent above its 52-week low. Market capitalisation stands at Rs 38,577.91 crore. Disclosure: He does not hold the stock discussed.
first published: May 22, 2013 06:51 pm

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