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Last Updated : Jan 18, 2018 02:31 PM IST | Source: CNBC-TV18

Sell HPCL January futures, buy Jubilant Foodworks: Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one can sell HPCL January futures and can buy Jubilant Foodworks.

CNBC TV18 @moneycontrolcom

Rajat Bose of rajatkbose.com told CNBC-TV18, "I have one sell call and one buy call. The sell call is on HPCL January futures. I would like to sell that with a stop loss above Rs 417.25, and targets would be Rs 409 and Rs 403. I expect these targets to be met by tomorrow."

"Jubilant Foodworks, both in futures as well as in the cash segment has posted an all-time high today and there is a flag breakout there. So I would like to buy this. I would put a stop loss below Rs 1,949 on closing price basis, targets would be Rs 2,002 and Rs 2,023. Again, I expect these targets to be met by tomorrow," he said.
First Published on Jan 18, 2018 02:31 pm
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