Buy Asian Paints, Motherson Sumi, Capital First, L&T Finance: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "All long calls, two finance company stocks and one auto ancillary and one paint stock. In Asian Paints, even if there were to be an initial dip, I would say that it might not fall below Rs 1,100 which is a support area now and put a stop loss below Rs 1,098, somebody want to use the straight stop loss can use Rs 1,092 as a stop. Targets would be Rs 1,125 and Rs 1,139."

"Motherson Sumi is the auto ancillary and I am always a bull in this stock. I would buy with a stop loss below Rs 424.75 and target would be Rs 441. Capital First is another finance company I am very bullish, even for investments for the long-term. Put a stop loss below Rs 689, target would be Rs 720 and Rs 728."

"Finally, L&T Finance Holdings, disclosure has it that I also hold this stock in portfolio. Put a stop loss below Rs 125, target would be Rs 134 and Rs 136," he added.

"I am expecting Infosys to test its 200-day exponential moving average, which is exactly at Rs 1,000 levels and there is a possibility then that at least you are getting a 2 percent move there. That can well happen in today’s session because yesterday the volumes had been high and it has crossed critical moving averages."

"TCS and Wipro has moved up much more than Infosys did in percentage terms in recent past. There is another stock that is also among the big league, Tech Mahindra that has moved up a bit but not much and that also is likely to move up today because yesterday was the first sign that it is turning around."