Indiabulls Real can move to Rs 80: Shruti Vora

Indiabulls Real Estate can move to Rs 80, says Shruti Vora, Antique Stock Broking.

Vora told CNBC-TV18, "Among the realty names DLF remains a top pick. We like it for trading. But as of now at current levels it is likely to face a supply at around Rs 245 levels. And I do feel that after the recent upmove it could test about Rs 215 on the lower side considering the overbought positions at current levels."
She further added, "Indiabulls Real Estate is taking decent amount of support at about Rs 68-70, so a move till Rs 80 on that name cannot be negated."