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Buy Reliance Industries, Aurobindo Pharma; sell ICICI Bank futures: Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one may buy Reliance Industries and Aurobindo Pharma and can sell ICICI Bank futures.

August 03, 2017 / 14:04 IST

Rajat Bose of rajatkbose.com told CNBC-TV18, "I have three stocks on which I would give recommendation. One is a sell and two are buys. First one is Reliance Industries. It has already moved up in the last half an hour, so, when I chose it at Rs 1,641, it has already moved up. You put a stop loss below Rs 1,630, targets are Rs 1,656-1,663. Disclosure has it that I hold Reliance Industries shares in my portfolio."

"The other two I do not have any holdings. Aurobindo Pharma I would put a stop loss below Rs 739.90, Rs 757 and Rs 764 are the two targets."

"Finally, ICICI Bank futures, sell with a stop loss above Rs 302.20, Rs 296 and Rs 293 are the two targets for ICICI Bank futures sell call," he said.

Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd

first published: Aug 3, 2017 02:04 pm

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