Hold Indiabulls Real Estate: The stock's price movement in Monday's session was more of a short covering in the F&O segment coupled with delivery-based buying. Overall structure for Indiabulls Real Estate is looking positive but at current levels, it is difficult to give a 'buy' recommendation. However, those who are holding the stock should continue to hold with a stop loss at Rs 128 for a target of Rs 170-175.
Buy DLF: The stock has moved above its resistance of Rs 160-165 and now seeing fresh buying. Investors can buy DLF for a target of Rs 195-200 with stop loss at Rs 158. DLF is looking promising on the charts.
Avoid IGL: The stock is trading in a band of Rs 980-1,070 for past two-three months. Currently, IGL is at the higher end of the band and if it breaks above Rs 1,070, it can go up to Rs 1,150-1,180. Traders should avoid going long at current levels. Longs should be built only if it settles above Rs 1,070.
Buy GAIL India: The stock is looking positive on the charts and it can be purchased above Rs 400.
Buy HDFC: Traders can buy this stock for a target of Rs 1,520-1,540 with stop loss at Rs 1,460-1,465.
Buy Tata Motors DVR: The stock is in an overall downtrend but has strong support at Rs 274. Investors can buy for a target of Rs 289 with stop loss at Rs 274.
Buy Apollo Tyres: Investors can buy this stock around Rs 225-222 for a target of Rs 250-260 with stop loss at Rs 215.
Disclaimer: Investors are advised to make their own assessment before acting on the information.