Buy Ashok Leyland, Ceat, Apollo Tyres: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "The first stock from the auto list would Ashok Leyland, this is not a day trade, hold on for the short-term, put a stop loss below Rs 89.40 on closing price basis; Rs 93.50 and Rs 96 are the two targets for Ashok Leyland. Actually, I am expecting the stock to move up to something like Rs 135 for the medium term, but this is actually a swing trade for the short-term.""Ceat has moved up, you put a stop loss below Rs 1,232 and targets would be Rs 1,256 and Rs 1,265. You can carry this trade forward to the next day," he said."In Apollo Tyres, put a stop loss below Rs 202.90 while Rs 208, Rs 210 and then Rs 213-214 would be the targets."