Rajat Bose of rajatkbose.com told CNBC-TV18, "I have one delivery based positional buy call on L&T Finance Holdings and there are two sell calls as well. First to start with the buy call, buy L&T Finance Holdings for delivery, stop loss below Rs 155 on closing price basis and my target is Rs 189. It is a positional buy call for two to three weeks."
"L&T Finance has tested its 200-day moving average or almost tested, and it is likely to give a bounce back to the earlier high of Rs 190 and that is why I am giving this buy call."
"Two intraday sell calls - in Hindalco Industries keep stop loss above Rs 239.50 and target of Rs 234 and Rs 232.50. In Jindal Steel & Power, Rs 165.80 is the stop loss and sell it, targets are Rs 162.50 and Rs 161.25," he added.
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