Rajat Bose of rajatkbose.com is of the view that one can buy Adlabs Entertainment, Bioco and Elgi Rubber.
Rajat Bose of rajatkbose.com told CNBC-TV18, "I am looking at Adlabs Entertainment and my targets are Rs 95-98, it is a short-term delivery because tomorrow is a holiday. So you might have to rollover this stock to the next week. Stop loss is below Rs 86, only Rs 2 stop loss because if it were to continue in its momentum, it should not break Rs 86."
"One stock that I would like to sell is Biocon and put a stop loss above Rs 1,141 while Rs 1,102 and Rs 1,093 are the two targets," he said.
"In Elgi Rubber, put a stop loss below Rs 57 and keep a target of Rs 66 and Rs 69 on the upside. It is gathering steam and can do very well."The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Feb 23, 2017 10:43 am