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Buy BEML, Hexaware Technologies, Bank of Baroda: Rajat Bose

Rajat Bose of rajatkbose.com recommends buying BEML, Hexaware Technologies and Bank of Baroda.

August 17, 2017 / 12:28 IST

Rajat Bose of rajatkbose.com told CNBC-TV18, "First is BEML. The stock is on an all-time high. The month ending December 31 2007, Rs 1,833 if I recollect rightly, that had been the all-time high so far. Today it has crossed that and it is showing great momentum. Rs 1,878 and Rs 1,897 are the two targets up to tomorrow. However, from a chart point of view, I think Rs 2,000 would be easily crossed by this stock. The stock on an all-time high is showing great momentum."

"Hexaware Technologies is another stock; this is on a 52-week high. Rs 281 and Rs 285 are the targets for the day and Rs 269 is my stop loss."

"Finally, Bank of Baroda, if the public sector bank MD can buy the stock and after a three month protracted correction from Rs 203 to about Rs 137 recorded yesterday, already it is trading at 10 percent plus levels. So there is a lot to be made. I have given a positional buy call, Rs 159 and Rs 163 are the two targets, Rs 144.90 is the stop loss that I am using," he said.

first published: Aug 17, 2017 12:28 pm

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