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 Firstsource Solutions Ltd (FSL), Bharat Forge, Divis Laboratories, Balkrishna Industries.
Recommending stock specific ideas, Bose said, “I have couple of long trading ideas. Divis Laboratories I would put a stop loss below Rs 1,595, targets would be Rs 1,628 and Rs 1,634. You play with a small stop loss and chances are that Divis is showing traction and good recovery from lower levels. These targets could be met. Balkrishna Industries is a stock that I personally hold in my investment portfolio; that is a disclosure from my side. My targets are Rs 887 and Rs 889 and I would put a stop loss at Rs 876.50.”
“I would put a stop loss for FSL below Rs 42.50. Rs 44.90 and Rs 45.75 are the targets and for Bharat Forge – I personally hold in my investment portfolio - I would put a stop loss below Rs 487. Rs 495 and Rs 497 are the two targets for Bharat Forge,” he added.Disclaimer:
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