Time to Book Profit from Indian Realty Stock Now

1. Time has come to book profit in DLF and a warning for selling in this stock has been already given with the reasons which makes this stock not worth investment or day trading as it lacks fundamentals. Thus a timely warning is being administered to get out of this Indian Stock in present bear market rally.

2. Even UBS has initiated a Sell recommendation for the stock with a target price to Rs 143. Moreover Karvy has also initiated a sell rating for the stock with a target price as Rs 150. These two brokerage houses also initiating a sell recommendation reaffirms our faith as we had initiated this advice a few days back and had even given an update with the reason for present realty stock rally and one should use same to exit from it.

3. As a disclosure we do not hold any share of this company and same is purely a piece of information to help the retail investors to avoid getting trapped in DLF Ponzi Scheme. Now they have no option but to get loans at higher rates from indian banks as overseas investors are not willing to lend them a low rates. Practically speaking DLF should not get loan from any Indian bank as it will add to their NPA.

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