Exit DLF, says Kunal Bothra

Kunal Bothra of LKP told CNBC-TV18, "For DLF Rs 150-160 has been the trading range. Looking at the correction where the stock from Rs 280-285 levels it has almost halved. So my sense is one could probably exit and invest in some other frontline stocks, something like HUL which I believe could be a good trading opportunity from the next 1-2 months perspective.”

At 15:25 hrs DLF was quoting at Rs 142.10, up Rs 4.15, or 3.01 percent.

The share touched its 52-week high Rs 289.20 and 52-week low Rs 120.25 on 12 March, 2013 and 06 August, 2013, respectively.