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Indiabulls Real is consolidating at Rs 195: Deshmukh

This article was posted on May 27, 2009 and is filed under Stock Views

Akshata Deshmukh, Research Analyst, Asian Markets Securities is of the view that Indiabulls Real Estate is consolidating at Rs 195.

Deshmukh told CNBC-TV18, “Indiabulls Real Estate is consolidating about Rs 195 odd levels and lot of buying or accumulation per se is taking place around current levels. Among the power sector if you look at JP Hydro or Neyveli Lignite I think clearly lot of volumes have been taking place. There is increase in the delivery mark as well, so there is buying interest still taking place in some of the midcaps.”
source: Moneycontrol

Tags: akshata deshmukh, Best Stocks, cheap stocks, hot tips, indiabulls real, nse bse share

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