The latest analysis and commentary by stock market guru Rajat Bose of rajatkbose.com on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Maruti Suzuki, ACC, Interglobe Aviation, HDFC Bank, SpiceJet.
"Interglobe Aviation has already met my first target and it is beyond that. Interglobe Aviation April futures because here it is one man’s loss is another man’s gain kind of a situation. Interglobe Aviation and SpiceJet are enjoying that rally. The second target that I gave for April futures has been Rs 1,559 but I have revised my target and I would say Rs 1,578 to Rs 1,585 could be the target for April futures. The stop loss that I gave at Rs 1,506 could be raised to Rs 1,525. HDFC Bank I would put a stop loss below Rs 2,294 and I am expecting Rs 2,322-2,334," Bose said.
Speaking about individual stocks, Bose said, “Two picks from the futures segment. Maruti April futures -- in fact autos are going great guns. Maruti leading the pack, I would a put stop loss in April futures below Rs 7,425 and my two targets are Rs 7,513 and Rs 7,548. ACC I would a put a stop loss of Rs 1,684. 65 is the April futures stop and I am looking at fresh new highs being recorded in the April futures. Rs 1,733 and Rs 1,745 are the two targets for ACC.”Disclaimer:
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