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Last Updated : Jan 15, 2018 12:26 PM IST | Source: CNBC-TV18

Buy Tata Steel, Can Fin Homes, M&M: Rahul Shah

Rahul Shah of Motilal Oswal is of the view that one may buy MM, Can Fin Homes and Tata Steel.

CNBC TV18 @moneycontrolcom

Rahul Shah of Motilal Oswal told CNBC-TV18, "We are at all-time high and lot of stocks still looks good on the F&O space as well. On the top of my mind is housing finance sector, sector as a whole and the sector leader has done quite well today."

"I think Can Fin Homes in that space I have been liking it. Stock has given a support at Rs 470 or so. So, I would buy Can Fin Homes at a stoploss of Rs 477 and target of Rs 506."

"We have seen a descent longs build up in Mahindra and Mahindra (M&M) in last couple of days and stock looks quite convincing. I would buy with a stoploss of Rs 766 and target of Rs 810."

"Third being from the metals space, Tata Steel, again the stock is at 52-week high and lot of long build up in the stock and the entire sector is poised for a higher prices. So, buy Tata Steel with a stoploss of Rs 770 and target of Rs 815."

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First Published on Jan 15, 2018 12:02 pm
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