Hold DHFL, says Rajat Bose

Name: Hold DHFL, says Rajat Bose
Uploaded: 2017-09-19T15:14:58+05:30
Description: Rajat Bose of rajatkbose.com is of the view that one may hold DHFL.

Rajat Bose of rajatkbose.com is of the view that one may hold DHFL.

September 19, 2017 / 15:14 IST

Rajat Bose of rajatkbose.com told CNBC-TV18, "Housing finance companies are all in a strong uptrend and so is the case with Dewan Housing Finance (DHFL). In fact DHFL is one of the leading companies in that pack and is also firming up pretty strongly. So I would put a stoploss at Rs 550 and ask to hold on; Rs 550 is the level that should not be breached if the momentum continues to be there."

"If Rs 550 gets breached then one should book the profit, so use Rs 550 as a stoploss, continue to hold on," he added.

first published: Sep 19, 2017 03:14 pm

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