Pankaj Jain of Sunteck Wealthmax told CNBC-TV18, "We have seen very serious price volume breakout in Sintex Industries and the stock has been inching up for last 40-45 days from levels closer to Rs 85, very close to its 2-3 year high that is closer to Rs 104-105. I think the fall in crude prices is really helping the company. Apart from all other products company makes one exciting product, one niche product which is portable toilets. This clean Bharat, Swachh Bharat campaign would definitely be a sort of small time game changer for these companies. So, I expect this stock to rally and once this breaches those Rs 105-106 kind of levels I think the stock would easily move to levels closer to Rs 112-115. So, Sintex looks pretty exciting with a deeper stoploss of Rs 97-98."
"DLF was showing lot of resilience in Rs 152-156 kind of zone for last 2-3 days inspite of corrections we were getting. Today we have seen solid breakout in the stock. Even in this correction, the stock is still holding on to Rs 161-162 kind of levels. I believe that the stock has potential to go up to its larger averages of closer to Rs 173-175. One of the immediate catalyst which we have been hearing that easier norms, easier FII norms in terms of investment in infra, real estate, in terms of quantum of money involved, quantum of space and in terms of lock-in period that is helping. Not to forget that on immediate terms company has got some benefits from SAT and Supreme Court. So, these two stocks inspite of correction look pretty okay and we could see smart uptick in these two stocks in Monday's trading session," he said.
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