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Last Updated : Aug 17, 2015 12:53 PM IST | Source: CNBC-TV18

Here are some stock picks from Rahul Shah

Watch the interview of Rahul Shah of Motilal Oswal with Anuj Singhal & Ekta Batra on CNBC-TV18, in which he shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.


Watch the interview of Rahul Shah of Motilal Oswal with Anuj Singhal & Ekta Batra on CNBC-TV18, in which he shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.

Below is the verbatim transcript of Rahul Shah's interview with CNBC-TV18

State Bank of India

"I think the entire public sector undertaking (PSU) banks have seen a good rally on Friday, extended their longs and gains today as well. With this factor of underperformer, lot of price mechanism was built up in the entire pack. So I think the steam is still left in the entire pack. I would choose the sector leader which is State Bank of India (SBI). I would buy the stock with a stop loss of Rs 268 and a target of Rs 290 in the near-term."

Vedanta

"We have seen a decent amount of shorting happening in the entire metals and mining sector. I think that on every rise or a bounce we have seen short built up. Vedanta can still go low from the current level. So I would buy, obviously the prices are such low, I would play buying Puts in that. I would buy Vedanta 100 Put, which is around Rs 1.75 with the target of Rs 4 and a stop loss of Re 1."



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First Published on Aug 17, 2015 12:21 pm
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