Is DLF worth Buying now?

[phanijaladi]

HI People ,

With DLF management started buying its own stock with a max price of 600
and that too 22 million shares.
IS it worth buying now?
and how much rise can we expect in the coming days?

 

[uasish]

Many are scared to enter Real Estate sectors.If you are still really interested then the information in chart is that for last 8 trading session Rs 277.00 is being strongly defended.
This may still come down,but now atleast with Rs 291.30 closing your Stop is only Rs 14.00 only & if this consolidation breaks upward then atleast minimum Rs 28.00 is forseeable.

 

[vasa1]

HI People ,

With DLF management started buying its own stock with a max price of 600
and that too 22 million shares.
IS it worth buying now?
and how much rise can we expect in the coming days?

I understand that there is no compulsion on the part of DLF to buyback the shares.

So the buyback should not be your main criterion or incentive for investing in the stock.

Several buybacks in the recent past have not materially improved sentiment in the concerned stocks.

 

[sathiamoorthyd]

Wait and Buy at Rs 50 level

 

[momostock]

wait, what DLF are you talking about

 

[S S]

Hi!

The current condition of the real estate and all companies in the construction sector can be well understood from the news in "Business Standard" dated Sunday 26th Oct 08, available at :

http://business-standard.com:80/india/storypage.php?autono=338434

 

[vikashkumar137]

hi
hi hi hi hi hi

 

[rajesh Basak]

hi;;;;;;;;;;;;;;;;;;;;;;;;

 

[uasish]

http://www.traderji.com/day-trading...-bad-phase-intraday-trading-3.html#post253945

a 5-15 % will be lost by waiting only,let us get these percentages in the mean time,maybe it can come to 155.00 will catch again.

 

[upen0003]

Perfect Rs

Wait and Buy at Rs 50 level