NIFTY 50

Buy Piramal Enterprises & sell Bata, says stock analyst Rajat Bose

Updated : May 14, 2019 03:44 PM IST

The latest analysis and commentary by stock market guru Rajat Bose of rajatkbose.com on what is moving the markets today.

He also spoke at length on Just Dial, Infosys, LIC Housing Finance, Bata, Piramal Enterprises.

Speaking about stock ideas, Rajat Bose said, “Two trading ideas I have, one buy call and one sell call. Sell call is on Bata May futures. I would put a stop loss above Rs 1,340 and target would be Rs 1,289. If Rs 1,289 gets broken, then Rs 1,275 would be the next target. Piramal Enterprises May futures, stop loss below Rs 2,098 and I would like to buy this Rs 2,175 and Rs 2,206 would be the two targets for Piramal Enterprises.”

"I have two sell calls and one buy call. Buy call is on Just Dial I would put a stop loss below Rs 558.90, Rs 575-582 are the two targets for Just Dial. Infosys is a sell, I would put a stop loss above Rs 725, Rs 699 and Rs 694 are the two targets for Infosys. LIC Housing Finance although there is a little bit of an up surge as of now in this stock but I don’t think it will sustain. I would sell with a stop above Rs 486 Rs 471 and Rs 468 are the two targets for LIC Housing,” he added.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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