NIFTY 50

Sell Amara Raja Batteries & Bajaj Finance, says stock expert Rajat Bose

Updated : May 13, 2019 01:03 PM IST

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 Amara Raja Batteries and Bajaj Finance.

Speaking about individual stocks, Bose said, “I have two sell calls in the futures segment. One is Amara Raja Batteries. Its chart is very weak, it is in a downtrend, going further down and I am expecting it to test Rs 615 in the May futures and my stop loss would be Rs 639. Bajaj Finance May futures is also suggesting a sell. Put a stop loss above Rs 2,945 and target would be Rs 2,860. Bajaj Finance not just for intraday, but Bajaj Finance chart over the long term, medium term looks quite weak. In fact this would be one of the stocks that going forward can even go down by 20 percent from the current levels.”

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