Buy Axis Bank, ICICI Bank, BHEL; sell Titan Company: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I did not factor in that there would be so much of a gap down opening so I have only one sell and three buys. Two of them are private banks. I would continue to buy the private banks irrespective of the fact that there could be a gap down opening. Maybe I would buy them at a lower level.""InAxis Bank, I have kept a stop loss below Rs 498.50. Probably it would open around those levels. In that case, I would put a stop loss below Rs 489 and keep the same targets of Rs 518-521 because at least a pull-back to 200-day moving average would be very likely," he said."The second stock that I would be buying is ICICI Bank. Disclosure here is that I already hold this stock in my portfolio. I would put a stop loss below Rs 287. Suppose it were to open below that, in that case, I would put a stop loss below Rs 275 or so. It is a straight stop loss, but I think ICICI Bank is headed towards Rs 320-340 levels. But for today the targets would be Rs 298 and Rs 303." "The third stock, I would not just be buying for today is Bharat Heavy Electricals (BHEL), but I would be buying for investments and I would really welcome if it were to fall below the current level. It is trading at 1.35 times its liquidation value and its book value is very close to the current price. So, from technical angle, it is a buy for today; Rs 146 and Rs 149.50 could be the short-term targets and put a stop loss below Rs 136. If it were to open around those levels, put a stop loss below Rs 129. This is one stock that I would be buying actually for long-term because it is completing its nine year long-term downtrend.""The fourth stock that I would like to sell is Titan Company where Rs 355.25 would be my stop loss and Rs 341-337, if it were to go below that, Rs 330 could also be on the cards. ""You can add Dewan Housing Finance. That stock looks pretty bad. So, even that can also go down. If you sell at current level of around Rs 275, if you get that level, then sell. Otherwise, use that as a stop loss and sell. There could be a retest of its 200-day moving average around Rs 250. So, that stock is a sell anyway."