Sell DLF, may fall to Rs 140: Shardul Kulkarni

Shardul Kulkarni of Angel Broking told CNBC-TV18, "One should sell DLF and look at buying it at lower levels. The reason is that if we see the weekly and the monthly charts, the possibility of the stock moving lower probably to Rs 144-142 is quite high over the next four-six weeks. So I would be bearish on the counter."

He further added, "The stock has already given a breakdown on the weekly charts and going forward, the stock might move lower. Hence I would recommend a sell at current prices and expect the stock to move lower to Rs 140."

Disclosure: It is possible that analyst has positions in the above stock and recommended them to his clients.