HomeNewsBusinessBuy Dr Reddy's Labs, Dewan Housing Finance; sell PC Jeweller: Rajat Bose

Buy Dr Reddy's Labs, Dewan Housing Finance; sell PC Jeweller: Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one can buy Dr Reddy's Labs and Dewan Housing Finance and sell PC Jeweller.

August 22, 2017 / 14:44 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "I have three picks, one is a sell call and the other two are buy calls. So start with buy call, Dr Reddy's Labs August 31 future is a buy with a stop loss below Rs 1,964.50 and the targets are Rs 1,993 and Rs 1,999."

"The second buy call is on Dewan Housing Finance (DHFL) futures, stop loss below Rs 457.90 and target would be Rs 469 and Rs 474."

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"Finally a sell call on PC Jeweller. It went up intraday, sort of a short covering pullback is again showing weakness. So, I will sell it with a stop loss above Rs 384.10 and Rs 367 and Rs 364 are the targets. The stock looks pretty weak," he added.

first published: Aug 22, 2017 02:39 pm

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