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 BEML, Interglobe Aviation (IndiGo), NBCC, United Spirits.
Stocks specific, Bose said, “NBCC is gaining traction in today’s session and posted a sharp rally from lower levels. Rs 56.70 is my stop loss and I am looking at a target of Rs 59. United Spirits June futures, I would put a stop loss below Rs 524.80, Rs 539 and Rs 542 are the targets. As a disclosure I hold both the stocks in my personal investment portfolio.”
“I would give a buy call on BEML with a stop below Rs 777 and on the upside Rs 825 and Rs 836 could be the two targets on BEML June futures. Regarding, sell call, I would choose IndiGo. Even though the market is showing some short covering, this is a stock that is still falling. At Rs 1,580, I would give a sell call with a stop above Rs 1,610 and the targets on the downside would be Rs 1,550 and Rs 1,522,” he said.Disclaimer:
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