Buy IDFC Bank, YES Bank; TVS Srichakra can move higher: Rajat Bose

Name: Buy IDFC Bank, YES Bank; TVS Srichakra can move higher: Rajat Bose
Uploaded: 2017-05-02T10:33:36+05:30
Description: Rajat Bose of rajatkbose.com recommends buying IDFC Bank and YES Bank and feels that TVS Srichakra can move higher.

Rajat Bose of rajatkbose.com recommends buying IDFC Bank and YES Bank and feels that TVS Srichakra can move higher.

May 02, 2017 / 10:54 IST

Rajat Bose of rajatkbose.com told CNBC-TV18, "I would be buying two private bank stocks. However, prior to that, I would say that TVS Srichakra has found a bullish flag. So, today it can actually move up further. If Rs 4,300 is taken out, then there will be further momentum in this. This is in a strong uptrend."

"The stocks that I would like to recommend are IDFC Bank. I would keep a target of Rs 70. If it crosses Rs 70, then it can even head for Rs 72 and put a stop loss below Rs 64."

"In YES Bank, you put a stop loss below Rs 1,628 and the upside target would be Rs 1,668-1,669."

first published: May 2, 2017 10:33 am

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