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 Aurobindo Pharma, UPL and Bharat Financial Inclusion.
Talking about his stocks picks, Rajat Bose said, "UPL is a sell with a stop loss of Rs 726.40, Rs 716-712 as the target levels and actually I am expecting it to test Rs 706 but that may happen tomorrow or later Bharat Financial Inclusion is also a sell Rs 901.50 would be my stop loss and Rs 888 and 884 are the two targets."
Recommending specific stock ideas, Bose said, “I have chosen UPL which to my mind, Rs 730 to about Rs 750, once it lost that ground in the month of May, after that it has been a struggle for UPL to cross that range. So I have a sell call out there as far as UPL is concerned with a stop above Rs 730.40 and target would be Rs 716 and Rs 712.”
“Aurobindo Pharma seems to be doing well. I would put a stop loss below Rs 779 and Rs 794 and Rs 798 are the two targets,” he added.Disclaimer:
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