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Buy Balkrishna Industries, Axis Bank: Rajat Bose

Rajat Bose of rajatkbose.com suggests buying Balkrishna Industries and Axis Bank.

July 25, 2017 / 15:26 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "Even today I find stocks that can still be bought. One of them is Balkrishna Industries which I personally hold. I would recommend the July futures of that. I would put a stop loss below Rs 1,619 and my targets are Rs 1,680 and Rs 1,711. They are not intraday targets, they are this settlement, that means up to Thursday I am expecting this target to be met."

"I would buying Axis Bank July futures at current level, Rs 529 would be my stop loss and Rs 549 and Rs 560 are the two targets till Thursday. Axis Bank's chart pattern suggests that the results would be well accepted by the market. Even if there were to be a drop, the drop would not fall much but it would actually climb higher," he said.

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first published: Jul 25, 2017 02:34 pm

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