Buy Axis Bank, Coal India; sell Gati: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I am buying Axis Bank because it shows bullish traction, yesterday it performed well. The level of Rs 544.80 is a stop loss, target would be Rs 559 and Rs 567. Coal India is another stock that I would be buying on dips up to Rs 324 and stop loss would be Rs 319.90, targets are Rs 332 ad Rs 335.""Although Voltas fell from the top of Rs 347 to Rs 331 but till the time it falls below Rs 330, its intermediate uptrend is still intact. I am expecting Rs 347 to be retested today and Rs 337 would be the stop loss and second target would be Rs 352," he said."Gati is the only stock that I am suggesting to sell. The short-term moving averages are coming down, negative sell signal has come with stop loss above Rs 177 while Rs 167 and Rs 163 are the two targets. Any concern about goods and services tax (GST) might weaken the sentiment in Gati."