Rajat Bose of rajatkbose.com told CNBC-TV18, "I have chosen two stocks, one is a buy in Siemens. I would put a stop loss below Rs 1,090 and the target would be Rs 1,113 and Rs 1,122. The stock that I am selling is ICICI Bank I would put a stop loss above Rs 262.70 and on the downside I am expecting Rs 256 to about Rs 254.50."
"ICICI Bank looks pretty weak. In fact it is one of the weakest banking stocks today," he added.