Buy Sun TV Network, sell Motherson Sumi Systems: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I am going with one buy call and one sell call because these days at 12:30 you will see that the market dwindling and probably going down and around 2:30 you will see new enthusiasm. So it is better to hedge."

"So I have chosen a stock that is showing a bullish flag like formation which is Sun TV Network. I would put a stop loss below Rs 818 and my target would be Rs 840 and then Rs 845 to Rs 848 and that is the kind of projection I can make."

"The stock that I am going to sell is Motherson Sumi Systems. I would put a stop loss above Rs 333.50, Rs 326 and Rs 323 are the two targets. Motherson Sumi as such is pretty weak over the last couple of sessions," he added.