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 Bata, Jubilant Foodworks, HDFC Bank, Just Dial, Maruti Suzuki.
"HDFC Bank I would place a buy and put a stop loss below Rs 2,288 and my targets are Rs 2,321 and Rs 2,334. Just Dial, a stock that I personally hold in my portfolio, its March futures I would say put a stop loss below Rs 607, Rs 633 to about Rs 636 could be the target. Maruti Suzuki, put a stop loss in March futures below Rs 6,548, targets are Rs 6,596 and Rs 6,613, Bose said.
Speaking about individual stocks, Bose said, “I have chosen consumption stocks. Bata I would put a stop loss below Rs 1,369. It has already started moving up quite strongly. Rs 1,405 and Rs 1,413 are the two targets. Second stock would be Jubilant Foodworks which I am looking at targets of Rs 1,475 to about Rs 1,484 and put a stop loss below Rs 1,443.”Disclaimer:
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