Tulsian told CNBC-TV18, "Two stocks come in the mind for shorting and those are Housing Development and Infrastructure (HDIL) and Opto Circuits, though we have been seeing some upmove, but I do not think that that is a strength. That maybe largely have to do with the short covering and considering the negative perception prevailing for the real estate stocks these seems to be the ideal shorting candidates available in the F&O space. So I will recommend these two stocks with conviction to go short."
On Feb 13, Housing Development and Infrastructure (HDIL) closed at Rs 68.25, down Rs 1.85, or 2.64%. It has touched an intraday high of Rs 71.40 and an intraday low of Rs 67.80.
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