Buy Dewan Housing Finance, Tata Steel, JSW Energy: Rahul Shah

Rahul Shah of Motilal Oswal told CNBC-TV18, "One should look at Dewan Housing Finance (DHFL) which touched a new high on Friday. So I would buy Dewan Housing with a stop loss of Rs 508 and target of Rs 540."

"Second is from the metal space where we have seen metal stocks which also have done quite well and they continuously continue to do well. So, in that space I like Tata Steel. I would buy Tata Steel with a stop loss of Rs 638 and target of Rs 680."

"Third would be from the power & energy sector. We have seen JSW Energy which has just broken the range from Rs 60 to Rs 65-66. Today it is showing good open interest also and long built up in the stock. So I would buy JSW Energy with a stop loss of Rs 67 for target of Rs 73," he added.