Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
VIDEOS
Market

Rajat Bose on March 5: Buy BEML, & Maruti Suzuki; Sell Hindustan Unilever

Updated : March 05, 2019 01:10 PM IST

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 Indiabulls Housing Finance, Can Fin Homes, Sun Pharmaceutical Industries, Hindustan Unilever, BEML, Maruti Suzuki.

Recommending specific stocks, Bose, “Hindustan Unilever (HUL) March futures I would suggest a sell. Sell with a stop above Rs 1,762 and Rs 1,692 and Rs 1,676 are the targets. There is small head and shoulder pattern on HUL spot as well March future chart since this sell call. BEML, put a stop below Rs 875, Rs 907 and Rs 923 are the two targets. It is a buy call. Maruti Suzuki, the stock has already moved up by about 35 points from where I sent recommendation to your guest desk. Rs 7,068 was the level when I gave the call, but now Rs 7,019 stop loss would not work. Put the stop loss at Rs 7,050, Rs 7,123 and Rs 7,159, Rs 7,171 would be the three targets for Maruti.”

“I am trading housing finance stocks, primarily the great momentum that is there is Indiabulls Housing Finance because 20 minutes back when I sent the recommendations, it was at 683 and now it is Rs 696-697. So I have to change the stop loss to Rs 685 and my target would be Rs 712 and Rs 717 for the stock. Can Fin Homes was rallying initially much better but now it is a little bit stagnant but Rs 283.45 would be my stop loss. Rs 292 and Rs 295 are the two targets and finally Sun Pharma – stop loss below Rs 448. Rs 456 and Rs 459.50 are the two targets,” 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.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
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