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HomeNewsBusinessStocksBuy Bharat Forge, CG Power; sell L&T Finance Holdings: Rajat Bose

Buy Bharat Forge, CG Power; sell L&T Finance Holdings: Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one may buy Bharat Forge and CG Power.

December 29, 2017 / 11:22 IST

Rajat Bose of rajatkbose.com told CNBC-TV18, "I would be buying Bharat Forge, Rs 727.80 is my stop loss and Rs 738 and 743 are the two targets. This is one stock that I also hold in my personal investment portfolio."

"Apart from that in the same sector CG Power, I would put a stop loss below Rs 90.40 and targets would be Rs 95 and 97.40."

"I am quite bullish on reality. I could have chosen DLF but that has moved up considerably, so for HDIL Rs 57.75 is my stop loss, Rs 61 and 63 are the two targets that I am looking at HDIL."

"Finally, I would be selling IDFC Bank January Futures stoploss above Rs 55.30, targets are Rs 53.75 and Rs 52.85."

"L&T Finance Holdings should be a sell. I am expecting it to fall below Rs 169, so chances are that we would see some kind of weakness happening out there."

"I personally hold DLF in my portfolio. If Rs 267 is crossed, then Rs 273-274 could be scaled up. It looks pretty good to me, in fact, even from a medium term perspective."

"I see UPL doing pretty well. UPL January Futures Rs 773, it is actually a range breakout that is happening there. Chances are that we will see Rs 780-785 on the upside and if you take a position here, you should put a stoploss below Rs 768.80," he added.

CNBC-TV18
first published: Dec 29, 2017 11:19 am

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