One stock advistory website viz. snpnifty dot com have today send me SMS of position call on Indiabull Realty tgt of 265 from CMP of 225.
Thanking you.
Though the company is good the present scenario is not in its favour as when others in the same field are moving up with the index, it is not making any significant move. But it slides when the market is sliding in consonance with it but not so when the market is going up. This means the stock is somewhat weak and weak stocks will take time to make up the lost ground. But it will certainly make the level of 155 to 160 soon if the market reaction is positive and in uptrend. Rs. 265 is a far-fetched idea now for a short-term investor. This is my opinion as I am following this stock for quite a year now. Deciding on investment in this stock is the sole prerogative of people who wish to invest in this stock.