Aban Offshore contrarian buy: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Aban Offshore is a contrarian call. The stock is showing as much strength but this has come to a level where it is likely to give a bounce. If you get a dip put a stop loss below Rs 275, your target should be Rs 286 to about Rs 290. However, it is a contrarian buy, I would suggest smaller position sizing for this trade."At 10:50 hrs Aban Offshore was quoting at Rs 276, down Rs 5.20, or 1.85 percent. It has touched a 52-week low of Rs 274.30.