DLF may correct to Rs 190, says SP Tulsian

DLF may correct to Rs 190, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, “We have been seeing the correction or maybe the profit booking in the real estate and cement, both sector stocks. Maybe the time has come to be very choosy.”
He further added, “One have to be very specific and very selective in picking up the real estate sector and except for HDIL or maybe Indiabulls Real Estate to some extent I will not be keeping my positive stance and you never know where the things will really be shaping up in respect to the scam allegations and all sort of things against DLF. So maybe Rs 190 looks to be the level where it can correct in this series itself.”