Buy Jubilant Food; sell NMDC; DHFL may hit Rs 202: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Jubilant Foodworks is certainly looking good. It has basically made a classical textbook reversal pattern. It is a good place to buy and a technical target for a day or two is around Rs 1,320 but is going up much higher. It has given a classical textbook pattern." "Dewan Housing Finance Corporation has exactly a similar pattern, a good upmove and a sideways consolidation. The upmove is on and looks like DHFL can climb to levels closer to Rs 202 purely from a trading angle for a day or two, keep stop loss below Rs 192," he said."SKS Microfinance has given a beautiful breakout. The breakout could sustain, it is very good chance that SKS could climb to levels closer to around Rs 560. Yesterday, it has seen around 3.5 percent upmove. So, the stock could go up, keep stop loss below Rs 537.""I have a solitary sell which is NMDC. It is a very aggressive sell because it looks a bit tired in the upper regions. So, I would say that if the market dips today NMDC could slide down to levels closer to Rs 95. However, I would have a stop loss above Rs 100 and trade short," he added.