Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Dewan Housing Finance (DHFL) is a buy with a stop loss of Rs 454 and target of Rs 480. Jubilant Foodworks is a buy with a stop loss of Rs 1,400 and target of Rs 1,465. VIP Industries is a buy with a stop loss of Rs 198 and target of Rs 212."
"Certain stocks tend to breakout after many years of consolidation. Tata Global Beverage falls into that category. Now it is being driven by very large long term players. So, chances are Rs 245-250 will happen and it will give you very small dips. Anybody who is expecting 10 percent correction will not get that. Along with this, Jubilant Foodworks, Bata India, all these stocks are showing fairly strong momentum," he added.
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