Buy DLF, Zee Entertainment Enterprises: Pankaj Jain

Pankaj Jain of Sunteck Wealthmax told CNBC-TV18, "DLF, inspite of all the negatives with respect to political controversy, court cases and competition commission penalties, it has that intrinsic value and that value lies somewhere between Rs 150 and Rs 200. What we have seen over the last 1-1.5 years is that Rs 135-140 seems to be very strong support and the stock tends to bounce back 15-20 percent from these levels. So, taking that as background, we believe that DLF would move by another Rs 10-15 in coming days and the kind of positive momentum and volume that have been seen in the stock, we believe this is a strong candidate for a BTST call."

"Zee Entertainment Enterprises was underperforming vis-à-vis other media stocks and was stuck in Rs 280-310 kind of zone. With the stock being added into Nifty now, I think that has given the fresh catalyst and the stock is trading at decade plus high levels and we believe this is headed to much higher level. Positive momentum that has been seen, the volume breakout that has been seen, we believe this is a very strong candidate for the typical BTST call," he said.