Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "If DLF does dip, possibly Rs 120-125 is a strong support. I think the way the stock is moving, we will at some point get to Rs 155-160. So even on a negative news, if the reaction is not that negative and the stock starts to bounce back, we would like to buy in because real estate is in some sort of a strong uptrend.""Fast moving consumer goods (FMCG) and cement are showing upside traction. ITC had huge gap and maintained it and is now moving forward. So this is a buy with a stop loss of Rs 358, target of Rs 374. Given that it is so under-owned now, chances are this would surprise people on the upside. Similarly, UltraTech Cement moves sideways for a while and yesterday all of the cement stocks broke out. So that is a buy with a stop loss of Rs 3,300, target of Rs 3,450," he added.
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