Buy BHEL, sell Reliance Industries: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I have chosen some index stocks. BHEL is a buy for delivery. You can put a stop loss below Rs 127 and keep a target of Rs 150. This looks pretty good to me and I personally hold this stock in my investment portfolio.""The other stock that I am recommending for sell is also in my investment portfolio but this is a trading call. Reliance Industries is showing some signs of buying activity but this buying activity is likely to fizzle out. So if you get RIL around Rs 1,005 then sell with a target of Rs 990 and put a stop loss above Rs 1,016," he said."Around Rs 1,013 to about Rs 1,015, 5-day and 200-day moving averages are located where 5-day is piercing 200-day from above which is a sell signal. The other medium-term moving averages are also suggesting pullback rallies, Reliance is also likely to fall. So this is a sell."Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com