Short Lupin, L&T Finance Holdings: Rajat Bose

Rajat Bose of rajatkbose.com suggests shorting Lupin and L&T Finance Holdings..

August 08, 2017 / 11:10 IST

Rajat Bose of rajatkbose.com told CNBC-TV18, "I am giving two short calls and both are in the August futures. Lupin which has been trending down for all these days, I would suggest a sell with a stretched stop loss above Rs 1,008 and target would be Rs 967 and 952 because in a market like this, the weakest stocks tend to fall much further."

"L&T Finance Holdings has actually shown a tweezer stop and again in the August futures you sell with a stop loss above Rs 178.10 while Rs 171 and Rs 169 are the two targets," he added.

first published: Aug 8, 2017 11:06 am

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