Rajat Bose of rajatkbose.com told CNBC-TV18, "I have two buys. Amtek Auto is likely to test of its 200-day moving average around Rs 50, so I have kept a target of Rs 49.70. It is showing recovery signs; the protracted corrective downtrend has come to an end. Put a stop loss below Rs 45.90.""Dewan Housing Finance (DHFL) has got momentum and I am expecting a move up to Rs 280-282 levels but for the day the two targets that I have are Rs 263 to about Rs 267 and put a stop below Rs 253, it is a buy. If the trade is favourable, I would suggest that traders can carry this to the next trading session, that is on Tuesday," he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
