HomeNewsBusinessStocksDLF may test Rs 111, says Sudarshan Sukhani

DLF may test Rs 111, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that DLF may test Rs 111.

November 09, 2015 / 10:18 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "DLF has been consistently falling from Rs 140 onwards, everyday it opens and then comes lower and that one day rally which we saw on Friday is likely to be just one day. It is on the verge of breaking down from the support of Rs 113, much lower levels are coming, the target is Rs 111 but the broad theme is that real estate relief rally is over.""I do not see this market going much below 7,700-7,750 or thereabouts. So a suggestion to take profits in the Nifty but individual stocks will go here and there," he added.

first published: Nov 9, 2015 10:18 am

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!