Sudarshan Sukhani, s2analytics.com advises traders to buy DLF on every decline.
Sukhani told CNBC-TV18, "Till tomorrow it is not a good idea to go short in anything. Actually it is not a good idea to go long and go short anywhere. However, if the Nifty were to slide and that seems likely, we have to understand that not all stocks in the real estate sector can be shorted - only the ones those are in the F&O segment."
He further added, "I would assume that at some point, Unitech should be a very appropriate opportunity and so will Indiabulls Real Estate be. Once the market turns around decisively below 5,800, both these stocks should be sold into and DLF is something that we want to buy on every dip, we do not want to sell it."
Sukhani told CNBC-TV18, "Till tomorrow it is not a good idea to go short in anything. Actually it is not a good idea to go long and go short anywhere. However, if the Nifty were to slide and that seems likely, we have to understand that not all stocks in the real estate sector can be shorted - only the ones those are in the F&O segment."
He further added, "I would assume that at some point, Unitech should be a very appropriate opportunity and so will Indiabulls Real Estate be. Once the market turns around decisively below 5,800, both these stocks should be sold into and DLF is something that we want to buy on every dip, we do not want to sell it."
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