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 Tata Elxsi, Maruti Suzuki, Hexaware Technologies, and Tata Elxsi.
Speaking about individual stocks, Bose said, "I would also go for tech stocks, particularly some midcap stocks like Hexaware Technologies. Hexaware Technologies and Tata Elxsi the two stocks I have chosen there. They have similar features. They are actually consolidating at the bottom and now they are moving up. They are in a range bound situation for the last three months. Buy Hexaware with a stop below Rs 317.90 target Rs 325-328. Tata Elxsi is a buy with a stop below Rs 959 Rs 1,016 and Rs 1,043 are the two targets for Tata Elxsi."
“Tata Elxsi January futures I would like to buy with a stop below Rs 959. It is a positional trade, Rs 1,016 and Rs 1,043 are the two targets. Maruti January futures Rs 7,395 is my stop loss and Rs 7,548 and Rs 7,655 are the two targets for Maruti. Both are looking pretty good after yesterday’s trade.”Disclaimer:
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