The latest analysis and commentary by stock market guru Rajat Bose on what is moving the markets today.
He shared his views and readings on Jubilant Foodworks , United Spirits, Tata Chemicals and Biocon.
Talking about stocks, he said, “I have chosen two stocks one is Tata Chemicals, I would buy with a stop below Rs 563. It is showing steady upside momentum in today’s session. Rs 580-584 will be the two targets for Tata Chemicals. Biocon February futures I would put a stop loss below Rs 614 that happens to be a good intraday support and Rs 629 -634 would be the target."
“I have chosen 2 consumer stocks. One is Jubilant Foodworks on which I would put a stop loss below Rs 1,349. It’s on a recovery trail; Rs 1379 and Rs 1390 would be the targets for the stock and United Spirits is showing some modest recovery signals and chances are some pullback rally is likely to continue. Rs 524 and Rs 529 are the two targets and I would put a stop loss below Rs 509.90.”Disclaimer:
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