Go long on Dewan Housing Finance if it breaches Rs 200: Gaurav Bissa, LKP Securities

In a chat with ET Now, Gaurav Bissa, LKP Securities, says if DHFL crosses Rs 200, go long and have a stop loss at Rs 187

ET Now: What is it that looks appealing to you on the charts on expiry day?

Gaurav Bissa: Couple of ideas. One, Dewan Housing Finance Ltd (DHFL) is looking really interesting at this point of time. It had seen a good amount of consolidation. It is a matter of time before it crosses the Rs 190 mark that has been a strong deterrent. If that is crossed, by today also we could see Rs 200 levels coming in DHFL. One can have a stop loss of Rs 187 and go long in the stock.