Buy Bata India, Dewan Housing Finance; sell Motherson Sumi Systems: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "There are three calls that I have, two buy calls and one sell call in the future segment. Bata India is a buy, Rs 767 is my stop loss. I think after the correction it is recovering. It is a two day trade. Rs 807 to about Rs 816 could be possible in Bata and so I suggest to go long."

"I am also bullish on housing finance particularly Dewan Housing Finance which looks pretty good. Rs 633 is my stop loss while Rs 660 and Rs 669 are the two targets."

"Finally, it is Motherson Sumi Systems; Its uptrends seems to be over for now and there would be some kind retracement back to about Rs 350 to Rs 345 range, so November futures target would be Rs 350-345, Rs 368.50 is the stop loss."

"In Titan Company, the gap has not been filled and it is moving up today. Suppose if it were to cross say Rs 765 then you will see a dash towards Rs 780. Otherwise Rs 765 might actually act as a gap and today’s low should be used as a stop loss if you at all take any long side trade here," he added.