Buy DHFL, says Rakesh Bansal

Rakesh Bansal, Vice President at RK Global told CNBC-TV18, "In Dewan Housing Finance Corporation (DHFL) today we have seen a break out above Rs 218 levels from the short-term trading prospective. One can buy it at current levels and place a stoploss at Rs 215.""One can buy for a target price of Rs 227. In today’s trading session along with the breakout above Rs 218 levels we have also seen a positive crossover on the momentum indicators which is technically considered extremely bullish," he added.