Buy Hero MotoCorp; short Capital First, Hexaware Technologies: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I have three stocks - one buy and the other two are sells. First is Hero MotoCorp which I would buy with a stop loss below Rs 3,620 on closing price basis because that is the level of the 200-day exponential moving average and Hero MotoCorp recently tested its 200-day moving average after many months, may be seven or eight months. It becomes a technical buy at least for a pullback. The pullback target is Rs 3,755, prior to that Rs 3,710 is another target."

"Capital First is a short, I would put a stop loss above Rs 685 and short it for Rs 643 and Rs 627, these two targets. You can sell November futures or you can sell in cash."

"Short Hexaware Technologies November Futures; Rs 336 is my stop loss, Rs 334 being a strong resistance, targets are Rs 324 and Rs 317. Hexaware has a dome like formation and looks pretty weak. Probably it is going further down," he added.