Buy Voltas, DLF: Hemant Thukral

Hemant Thukral of Aditya Birla Money told CNBC-TV18, "Once Voltas visited Rs 305, it corrected to Rs 265 -275 levels. It started moving up again, so after a good consolidation of 15-20 trading sessions this stock has moved back above Rs 300. Not only that the stock has added 16 percent open interest with huge jump in delivery volumes. So, clearly we feel that this time the breakout is backed on more volumes and more data points. So, one can keep a stop loss of Rs 295-297 which will now act as very strong support. We are looking at a healthy target of Rs 320-325 on Voltas. So it qualifies as a very good trading pick.""The second stock that we have recommended is a buy on DLF because all the real estate stocks are seeing a phenomenal built up on the long side. We have picked up the stock because it has been a slightly lower performance if you check with Indiabulls Real Estate and HDIL. On Friday, DLF saw more built up than the other two. Now it has formed a very strong bottom at Rs 119-120 which we feel will act as a strong support and in immediate short-term, it looks good to go up to Rs 130-132," he said."However, reality as a pack is seeing very good open interest additions but we are playing for DLF because it has been an underperformer to both IB Real Estate and HDIL."