Manas Jaiswal of manasjaiswal.com told CNBC-TV18, "DLF is making higher tops and higher bottoms from the level of Rs 110 but for last two trading sessions it was facing some resistance near to Rs 147. So today it has broken that resistance also. It has breached its 50 day moving average. So the stock can test its 200 day moving average now. So Rs 168, is our target, the stoploss should be Rs 144."
"SKS Microfinance corrected almost Rs 50 in the last ten trading sessions. Today it took support near 50 day moving average and bounced back sharply. It is making bullish engulfing pattern on the daily chart. On the weekly chart it is still making higher tops and higher bottoms. We may see further recovery. It can test Rs 355 in next one or two trading sessions. So, one can buy it with a stoploss of Rs 334," he said.
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