Opportunity in DHFL on dips, target Rs 535: Rahul Mohindar

Rahul Mohindar of viratechindia.com told CNBC-TV18, "I like Dewan Housing Finance Corporation (DHFL) from long-term perspective. We still think that every dip on this counter should be used as an opportunity, not just as a trading buy but even for those who are investing into it. We like the stock with a stop loss of Rs 494.""We still think an opportunity in the short-term is visible to about Rs 535. We saw a bit of a correction over the last two or three weeks and I think the stock can even move to about Rs 630 plus given a long-term horizon. But for the short-term we have put out a target of Rs 535 and a stop loss of Rs 494," he said.