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Buy HDFC Bank, NIIT Technologies; sell Motherson Sumi: Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one may buy HDFC Bank and NIIT Technologies and can sell Motherson Sumi Systems.

June 29, 2017 / 14:23 IST

Rajat Bose of rajatkbose.com told CNBC-TV18, "I have three picks, two buy calls and one sell call. HDFC Bank is a buy. I would put a stop loss below Rs 1,671.50, putting a very close stop and a target of Rs 1,695. Chances are towards the end you will see some kind of an upswing here and Rs 1,695 might well be hit."

"NIIT Technologies I would say is also a buy; Rs 598 is my target, put a stop loss below Rs 576."

"Motherson Sumi is a sell with a stop loss above Rs 462, Rs 453 to about Rs 451 is the target, if Rs 451 gets violated then there could be further fall," he added.

first published: Jun 29, 2017 02:07 pm

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