Yogesh Mehta of Motilal Oswal suggests buying Dewan Housing Finance, Ceat and Dr Reddy's Labs.
"Secondly, we are looking at Ceat which has done spectacular run yesterday. Rs 1,217 was the immediate hurdle post a consolidation and now again at Rs 1,255-1,256 can be continued in the next few sessions till Rs 1,330-1,340 level keeping a stop loss of around Rs 1,215 level in the spot," he said.
"The third one we are recommending is Dr Reddy’s Labs, the stock has been beaten down with many of the pessimism around the corner. It has created double bottom around Rs 2,700 level last week. Currently, it is quoting at Rs 2,755-2,760 on the future segment, keeping a stop loss of Rs 2,715, one can look at Rs 2,830 to Rs 2,850 as a price target."