Motilal Oswal
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Motilal Oswal

Sell Century Textiles & Page Industries, says stock expert Rajat Bose

Updated : June 04, 2019 12:50 PM IST

The latest analysis and commentary by stock market guru Rajat Bose of on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about Balrampur Chini, DLF, Larsen and Toubro, Century Textiles, Page Industries.

Speaking about individual stocks, Bose said, “I am choosing two stocks from the future segments because I am giving sell calls. Century Textiles I would sell with a stop above Rs 1,045, Rs 1,018 and 1,007 are the two targets for Century Textiles June futures. Page Industries June Futures stop above Rs 20,755 targets Rs 20,075-19,710. I am not convinced by the rally in Page yesterday.”

“I have three buy calls. One is Balrampur Chini. It is showing some traction. So, I have kept a stop loss at Rs 158.80, it is a very close stop loss, but chances are that few days back it touched Rs 169 and it is likely to scale up to those levels. So, Rs 167 and Rs 169 are the two targets. DLF is a stock that I personally own some shares of this company and I have that in my personal investment portfolio; that is a disclosure from my side. Targets are Rs 203 and Rs 207 and I would put a stop loss at Rs 195.70. Finally, Larsen and Toubro (L&T). In 14 days L&T climbed from Rs 1,285 to Rs 1,607; that is a huge run and after that there has been five days of consolidation and today it is showing a flag breakout. So, I would put a stop loss below Rs 1,559.80 and keeping a target of Rs 1,593. Once Rs 1,600 is taken out, then L&T would start zooming up again.”

Disclaimer: The views and investment tips expressed by investment experts on are their own and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.
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