Sell Axis Bank, Cadila Healthcare; buy Coal India: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I have two sell calls and one buy call and all from the large companies list. Axis Bank to my mind is a clear sell and it is headed for Rs 480 kind of levels. So, Rs 485 and Rs 480 are the two targets, and you put a stop loss above Rs 498.50."

"Next sell would be on Cadila Healthcare. You put a stop loss above Rs 502 and target is Rs 490. After that Rs 490 level is broken, it can actually shed 10 more points and so the next target is Rs 480."

"Finally, there is a long call on Coal India; stop loss below Rs 253 and target would be Rs 262 and Rs 265. This is more of a conditional buy because Coal India needs to maintain above Rs 257, only then you go long and put a stop loss below Rs 253," he said.