no point in buying at this level, since the market is expected to drift down to a level of around 4100(nifty) and one can imagine what will happen to these high beta real estate stocks at that level. For example unitech would be trading at perhaps sub 40 level and dlf at 180 level
Yes it is always good to buy high beta real estate stocks every dip, but one should have to have stop loss(one should not be greedy) otherwise earnings will be limited.
Real estate stocks like DLF & UNITECH should come down much heavily and therefore, it doesnt make sense to invest in realty right now... wait for UNITECH to touch 60-65 figures within a week and then you can invest in realty.
| NIFTY 
