Sanjeev Agarwal, CEO of Dynamix Research & Capital Management is of the view that one should exit DB Realty at around Rs 100.
Agarwal told CNBC-TV18, " DB Realty had given a very clear sell signal below Rs 120 and it had crashed to around Rs 80 but this had been based on the news of 2G scam. Again it was coming in a limelight. Unitech and both had opened with a down gap and crashed badly. However, despite all that negative news it can bounce back to Rs 100. Investing for long-term doesn't make sense in this kind of a company and for a short-term Rs 100 is an ideal level to exit. Like if best newsflow comes in somewhere in the next one month or two, like if they are able to get out of this negative news flow might be it can go up to Rs 120 but I will advice around Rs 100 one should exit."
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management is of the view that short term trader can exit Dish TV.
Agarwal told CNBC-TV18, "For Dish TV , if one is an intraday trader there was no point carrying with the position for the next day. I think Rs 73-75 is possible but taking risk return, this pullback is an opportunity to exit for those people who have not been able to exit earlier. The chances of risk are more than the return. I will advice clearly for a short term trader to exit from this stock at the current market price only."
Sudarshan Sukhani, s2analytics.com advises traders to buy DLF on corrections.
Sukhani told CNBC-TV18, "Targets for DLF were about Rs 230-330 but after a run-up market and stocks will pause and that's the time when we want to take a long position again. However, the basic question was, can you buy DLF and the answer is yes. The only point is about timing. We want to buy stocks when they are in soft spot when they have a small correction or a small consolidation. DLF will have that in the next few days."
Shardul Kulkarni of Angel Broking is of the view that, Titan Industries is expected to decline towards Rs 240, so one can short the stock at current level or on rally.
Kulkarni told CNBC-TV18, "From a trading perspective there are two stocks wherein we would recommend short positions. First is Titan Industries wherein we are seeing that there is a clear strong head and shoulder pattern which has already been broken down and stock is moving lower over the past couple of days. The stock continues to move in a very strong lower top-lower bottom cycle. I think going forward the stock can come towards Rs 240. So I would recommend going short in case of Titan. The upside stop loss would be at Rs 272-274. One can short the stock on a rise or at current level. We expect substantial downside in case of Titan."
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