Buy Bharat Financial; DLF looks attractive, may test Rs 300 in 6 months: CA Rudramurthy

CA Rudramurthy BV, Research Head at Vachana Investments told CNBC-Tv18, "Last week if you have observed, Canara Bank was available at Rs 310-320 which has now moved up. Even if you look at Bharat Financial, these are great to buy when they are on dips. Bharat Financial for me even at current level of Rs 795 looks very attractive. Don’t look at the next Rs 50-100 move, I won’t be surprised if I see in next one or two months Bharat Financial touching even Rs 1,000. So, these are great stocks to buy and own."

"Similarly if I see, a lot of banking stocks, real estate stocks, Indiabulls Real Estate was available at Rs 100 when people were thinking it was expensive. Today at Rs 160 and when you see market at all-time highs everyone wants to buy this stock but it is in ban. So, people have to understand the market psychology very well and buy when you have great opportunities to own these type of stocks," he said.

"DLF to me looks very attractive. I have been bullish for long time now on real estate stocks and I continue to remain bullish. DLF for me was a buy at Rs 110, it was a buy at Rs 170 and it is a buy even at current level of Rs 205. Rs 300 will be a very minimum target for me in next three to six months.  For me it has given now a fresh breakout today. This stock is headed towards immediate targets in short-term to levels closer to Rs 240 while Rs 195 will be the stop loss where it has strong support."