Buy Voltas; sell State Bank of India, Mindtree: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I have one buy call and two sell calls. The buy call is on Voltas. I would put a stop loss below Rs 490 and look for a target of Rs 502 to about Rs 505. Right from the morning this is showing strength and it has finished its short-term correction. Rising up from support zones, chances are that it would maintain its tempo on the upside."

"State Bank of India (SBI) is a sell in my view. The level of Rs 292 would be my stop loss and once it falls below Rs 288-287 level it would be headed for Rs 285 and Rs 282. These are the two targets. Of course these targets may not be met today, but Rs 285 definitely is on the cards today," he said.

"Mindtree is a sell; Rs 537.50 is my stop loss and Rs 525 and Rs 521 on the downside are the two targets I have. Mindtree looks pretty weak, very volatile, but likely to move down."