DHFL may hit Rs 245: Kunal Bothra

Kunal Bothra of LKP Securities told CNBC-TV18, "Dewan Housing Finance Corporation crossed its 200-DMA today and I think the momentum seems to be in favour. It has also given a swing breakout and this is more of a trading play which I am looking at. I would look at a target of at least Rs 245 and a stop loss of Rs 224."Dewan Housing Finance Corporation closed at Rs 224.35, down Rs 1.70, or 0.75 percent. It has touched an intraday high of Rs 231.85 and an intraday low of Rs 222.75.