Sell Ashok Leyland, Tech Mahindra, Balrampur Chini: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I have three sell calls in the November Futures series. First is Ashok Leyland, it has already fallen so I am revising the targets. The targets earlier had been Rs 126 and Rs 124.75, but now Rs 124.75 remains but the next target would be Rs 123.75 with stop loss above Rs 128."

"For Tech Mahindra Rs 469 is currently in the November Futures. I will put a stop loss above Rs 475 and ask to sell. Rs 461 and Rs 457 are the targets, on the daily chart this stock looks pretty weak. Today is the third consecutive down session for Tech Mahindra November Futures."

"In Balrampur Chini, I would say put a stop loss above Rs 174 and targets would be Rs 165 and Rs 162. Even if the targets are not met today they are likely to be met by tomorrow," he added.