Real Estate stocks have been buzzing off late. In an interview to CNBC-TV18, Adhidev Chattopadhyay of ICICI Securities shared his views and readings on the sector.
Gaurang Shah of Geojit Financial Services is of the view that one may sell DLF on rallies.
Mitessh Thakkar 0f mitesshthakkar.com has a buy on Ajanta Pharma with a stop loss of Rs 1237, target of Rs 1360 and a buy on DLF with a stop loss of Rs 215, target of Rs 245.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Maruti Suzuki, DLF and Ajanta Pharma.
Mitessh Thakkar of miteshthacker.com suggests buying Axis Bank with a stop loss of Rs 533 for target of Rs 565 and a buy on National Aluminium Company with a stop loss below Rs 85 for target of Rs 92 while he advises selling Cummins India below Rs 875 with stop loss of Rs 891 for target of Rs 845.
Vishvesh Chauhan of Monarch Networth Capital is of the view that one may buy Andhra Sugar with a target of Rs 650.
Aurobindo Pharma, L&T, Karnataka Bank, Indian Bank, REC Ltd, NTPC, DLF and Sun TV are looking attractive on technical setup.
Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Bhushan Steel, Karnataka Bank, DLF, SAI and Century Textiles.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy DLF, Carborundum Universal, NALCO and Bharti Infratel and can sell UPL and LIC Housing Finance.
The immediate resistance on Nifty is now placed at 10,400 odd levels which are needed to be taken out in the follow-up buying. The support levels have now shifted to 10300 - 10320 levels, says Mustafa Nadeem, CEO, Epic Research.
Glenmark Pharma, DLF, Hero Motocorp and Titagarh Wagons could give up to 28 percent return in the short term.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell UPL and Ceat and can buy DLF and BEML.
According to Technical Analyst Prakash Gaba of prakashgaba.com, any move above 9946 would propel the Nifty to 10041-10080 zones but looks like the Index is into a pause mode and so a dip is acceptable as long as 9850 holds.
Ahead of the The Researve Bank of India's monetary policy meeet, interest rate sensitive stocks including the likes of real Estate, NBFCs and auto stocks were trading in the green while banking stocks were mixed with SBI trading positive and ICICI Bank, HDFC Bank and Axis Bank in the red.
Rajat Bose of rajatkbose.com suggests buying DLF and advises selling Bata India.
Ashwani Gujral of ashwanigujral.com advises selling SBI, DLF and PVR.
Sameet Chavan of Angel Broking is of the view that one may sell Godrej Industries with a target of Rs 542.
According to Sandeep Wagle of powermywealth.com, one may sell Yes Bank and DLF.
Prakash Gaba of prakashgaba.com
Ashwani Gujral of ashwanigujral.com is of the view that one can buy UCO bank and Dena Bank and can sell DLF.
Sandeep Wagle of powermywealth.com is of the view that one can buy Cipla and sell DLF while can hold Piramal Enterprises and CRISIL.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell ICICI Bank, Jet Airways and DLF and advises buying Ajanta Pharma and Torrent Pharma.
There is likely potential risk of 6 percent equity issuance in DLF while the valuations look expensive for 3 percent FY19 return on equity, BofAML said in its report.
L&T, DLF, MRF and Prestige Estates, among others, are being tracked by investors on Friday.
Acccording to Ashwani Gujral of ashwanigujral.com, one can buy Larsen & Toubro, DLF and JM Financial.