Aditya Agarwal of Way2Wealth Securities told CNBC-TV18, "DHFL is trading in a narrow band of Rs 200-210 for last two weeks. In today’s session, the stock has given a breakout from this range and on higher side if we see, whenever the stock is coming in the range of Rs 205-206, we are seeing some fresh addition. Today also DHFL has added almost 5 percent shares in open interest which are on short side. So, overall structure for DHFL is looking weak for the short-term and we are expecting that the stock may test Rs 190-192. So, at current level or any pullback towards Rs 203-204, it can be used to initiate short positions with a stop loss of Rs 210 and target of Rs 192-190.""Tata Steel has seen one side rally but now it was consolidating for last one week, seven to eight trading sessions in the range of Rs 340 to Rs 360. Today, the stock has given a breakout from this range and we are expecting some more long unwinding pressure in it which may drive the stock towards Rs 320-315. We are recommending a sell at current level or pullback towards Rs 340 can be used to initiate fresh short positions keeping a stop loss of Rs 349 and on the lower side, Rs 320-315 is the target," he said.
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