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Buy ITC, Can Fin Homes, JSW Steel: Rahul Shah

Rahul Shah of Motilal Oswal recommends buying ITC, Can Fin Homes and JSW Steel.

July 03, 2017 / 13:43 IST

Rahul Shah of Motilal Oswal told CNBC-TV18, "The star of the day is again ITC. I would say that it has got into lifetime high so I would buy ITC 350 Call at Rs 7, with a stop loss of Rs 4, and a target of Rs 13."

"Housing finance is a trend which we have seen continuously in last series. This series also I think Can Fin Homes is showing some kind good strength. So, longs have added and technically also it has given a good breakout. So, I would buy Can Fin Homes with a stop loss of Rs 3,175 and target of Rs 3,350," he added.

"The metal pack again is showing very good strength. Last entire week we saw metal showing a lot of good strength. So, I think JSW Steel again at 52 week high, I would buy with a stop loss of Rs 199 and target of Rs 218."

first published: Jul 3, 2017 12:32 pm

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