The latest analysis and commentary by stock market guru CA Rudramurthy BV of Vachana Investments on what is moving the markets today.
He also spoke at length on YES Bank, DHFL, and Indiabulls Housing Finance.
“I am looking at shorting YES Bank positional for the next month series in futures looking a target of Rs 170 with a stop loss of Rs 185. Looking at selling DHFL, already enough move has come and fundamentally the news on NBFCs is already out so looking at selling DHFL at these levels target of Rs 220 with stop loss of Rs 250. Last sell call on Indiabulls Housing Finance, again next month contract I will be selling for a target of Rs 770 with a stop loss of Rs 880.”
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