Prakash Gaba of prakashgaba.com advises exiting Indiabulls Real Estate.
Prakash Gaba of prakashgaba.com told CNBC-TV18, "One may exit Indiabulls Real Estate. If one wants to re-enter, who stops from re-entering, Rs 150 could be a zone to re-enter if one wants to. However, meantime, take the money off the table."
The share touched its 52-week high Rs 269.50 and 52-week low Rs 78.10 on 07 August, 2017 and 10 March, 2017, respectively.Currently, it is trading 24.82 percent below its 52-week high and 159.41 percent above its 52-week low.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.