Short DLF, says Chandan Taparia

Chandan Taparia of Anand Rathi told CNBC-TV18, "We are recommending to shortDLF. The stock has willingness to go down, recently it moved towards Rs 144-145 but it engulfs the entire formation and has witnessed the built up of short position with the Call writing activities at higher levels. Yesterday also it witnessed built up of short position, today also the stock is going down even after the market bounced back move."

"It clearly indicates that it has a willingness to go down towards Rs 126. We are recommending to sell DLF, keep the stoploss of Rs 139 and trade for the downside target of Rs 126," he added.