Buy DLF, says Siddhartha Chatterjee

Buy DLF, says Siddhartha Chatterjee of Trustline Securities.

Chatterjee told CNBC-TV18, "I would recommend a buy on DLF with a stoploss of Rs 214 for target of Rs 226. It has made a range breakout by closing above Rs 214 associated with volume expansion. Fundamental reasons could be that this is the top end of the interest rate cycle and hence interest sensitive stocks is being sought after by the punters as well as I would say people who are already short on this interest sensitive stocks.