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Buy Escorts, Larsen & Toubro: Rajat Bose

Rajat Bose of rajatkbose.com recommends buying Escorts and Larsen & Toubro.

May 03, 2016 / 12:07 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "I would recommend Escorts, to my mind it is headed higher. Yesterday, it gave a price volume breakout and today the momentum is carried forward. Already it is trading at Rs 174.60. My stop loss would be below say Rs 171.90 and the target would be Rs 178 and 179.50 on the upside.""Apart from that, I would say that even Larsen & Toubro (L&T) looks to me pretty good in today's session. As of now, it is trading at Rs 1,270. You put a stop loss below the day’s low of Rs 1,255 or Rs 1,254 for that matter and on the upside Rs 1,285 to about Rs 1,293 could be there during the day. Larsen looks pretty good to me," he said.

first published: May 3, 2016 12:07 pm

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