HDFC may touch Rs 880: Kunal Bothra

Kunal Bothra, Head of Advisory at LKP told CNBC-TV18, "Housing Development Finance Corporation (HDFC) is one of the few stocks which are trading above the 200 day moving average in terms of a medium term, one-two months perspective and probably a few banking stocks if I have to put it in the correct basket. So I believe the trend for the stock is up, it is trading above the 200 DMA, it is taking good support."

"Last couple of days it has been consolidating, not moving in sync with what the other midcap banks or small cap banks are moving but I still think that the potential for this stock to move higher is definitely strong. I believe Rs 880 could be possible if you look at a one month target on HDFC," he added.