Abhijit Paul of Alphative Advisors told CNBC-TV18, "Real estate per se seems to be trying its best to form a base and post a breakout. Looking into price it seems that if Nifty manages to stay above that 6200 mark real estate probably will have a share of its move on the upside."
"I am looking to buy DLF in the range of Rs 160-162, that is the range where it is trading right now. On the upside look for a target close to Rs 178 and I will use a stoploss close to Rs 152 for the stock," he said. Disclosure: He does not hold the above stock, but his clients may have their positions in the stock.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
