Expect DHFL to test Rs 570 in 1 month: Shubham Agarwal

Shubham Agarwal of Motilal Oswal Securities told CNBC-TV18, "We are looking for a target of Rs 570 on Dewan Housing Finance Corporation (DHFL). The short-term chart has broken out from continuation pattern yesterday. So this gives us more confidence that the near term trend is positive and we have seen the volume rising.""We expect that this overall trend that is there is DHFL should continue and we expect Rs 570 with a timeframe of about a month and stop loss for this can be kept at Rs 464," he added.