Hold Hindustan Unilever: Rakesh Gandhi

One should hold Hindustan Unilever (HUL), says Rakesh Gandhi of LKP.

Gandhi told CNBC-TV18, "Hindustan Unilever (HUL) is on a lifetime high and on a lifetime high based on technical’s there is no reason to sell. I think one should hold on and if trader is holding on to this stock he/she should hold on as long as the stock remains above that Rs 410 level."

He further added, "There is a scope that it could see higher levels. Breaking into new high means that it has a huge strength and it could see higher levels. It is difficult to point out but Rs 475 would be a target, which I would be looking for and where one could book some profits at that level."

"Bharti Airtel has regained some upward direction. It was continuously going downwards on some negative news that was continuously flowing in. But if now the stock manages to sustain above that Rs 325 level I believe it could see levels upto Rs 340-345 or maybe upto Rs 350 also, Rs 325 remains as an important level to be watching for Bharti Airtel."

"DLF is once again trending upwards and has now broken above its resistance level of Rs 190. I think if it sustains above that Rs 185-190 the stock could see higher levels in this trading range upto Rs 200 and Rs 200 remains as a very strong resistance for DLF. Between Rs 200-210 I think it would be very difficult to DLF to cross that level."