HomeNewsBusinessStocksAdd IOC, buy DLF 165 Call: Rahul Shah

Add IOC, buy DLF 165 Call: Rahul Shah

Rahul Shah of Motilal Oswal recommends adding Indian Oil Corporation and advises buying DLF 165 Call.

July 25, 2016 / 16:18 IST
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Rahul Shah of Motilal Oswal told CNBC-TV18, "Oil marketing companies (OMCs) have done quite well and they have been the market leaders in the last few trading sessions. So, I think still in that space, Indian Oil Corporation (IOC) looks quite attractive, today also the stock is up around 2 percent or so. I would still add IOC with a stop loss of Rs 530 and target of Rs 560.""Entire real estate and infra space looks quite attractive. DLF on a largecap space looks attractive, I would buy 165 Call of DLF which is around Rs 2.40-2.50, keep a stop loss of around Rs 1.50 and target of Rs 5 in that," he said.

first published: Jul 25, 2016 04:18 pm

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