The latest analysis and commentary by stock market guru Rajat Bose on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Page Industries, L&T Finance Holdings, Ashok Leyland and Asian Paints.
Speaking about individual stocks, Bose said, "Ashok Leyland is a buy with a stop below Rs 79 target would be Rs 84 and 85.40. Ashok Leyland is showing a short term reversal signal. Asian Paints is a sell. It looks weak. Rs 1,421.10 is my stop loss and I am looking at target of Rs 1,387."
“I have one buy call and one sell call. Page Industries is a buy for me. I would put a stop loss below Rs 24,325 and I am looking at a target of Rs 25,080. Maybe today or early tomorrow I am expecting it to retest Rs 25,000 levels. This stock looks pretty good, in fact it is showing signs of coming out of base formation and embarking on a fresh uptrend. The sell call is L&T Finance Holdings. I would put a stop loss above Rs 124 and my feeling is that it can go much further down but for the day the target would be Rs 116.”Disclaimer:
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