NIFTY 50

Market expert Rajat Bose gives his technical check on stocks

Updated : October 18, 2019 10:45:08 IST

The latest analysis and commentary by stock market guru Rajat Bose of rajatkbose.com on what is trending in the markets today. Bose has three buy calls.

Godrej Consumer: "I am expecting it to retest the September 23rd high of Rs 724 that is the final target and Rs 721 is the prior target and Rs 708.50 is my stop loss."

Mahindra & Mahindra: "I would buy with a stop below Rs 584.80, Rs 607 and Rs 619 are the two targets. There is a bullish saucer formation, that will complete at Rs 620 hence this cal."

United Spirits: "I would put a stop loss below Rs 624, Rs 655 and Rs 654 are the two targets."

"I am bullish on auto sector primarily because the Auto Nifty, Auto Index 8032 is the 200 exponential moving average that is likely to be crossed this time and hence auto stocks might perform well,” he said.

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.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you