Buy HCL Tech, Biocon, Exide, Hindalco, Texmaco Rail: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "In HCL Technologies, you put a stop loss below Rs 765 and I am expecting it to test Rs 778 to Rs 782 first and there after it could even go up to Rs 789 to 793 kind of range. It is actually showing a W-formation on intraday chart and that is a very positive formation. It is suggesting a reversal." "Biocon continues to be my favourite even at current level. You buy with a stop loss below Rs 895 and take a swing trade. Final target would be Rs 939," he said."Exide Industries is scaling up to beyond Rs 190 levels. The levels of Rs 189 and Rs 192 are the two targets and you put a stop loss below Rs 175.""Actually, the swing target for Hindalco Industries would be Rs 174, but I am looking at near-term target of Rs 164 and Rs 169 and you put a stop loss below Rs 156.50, buy the stock," he added."Texmaco Rail and Engineering's chart pattern is excellent, it is a good medium-term buy with a target of Rs 160, but for toady I would say that Rs 117 and Rs 120 are the two targets and you put a stop loss below Rs 108.80.""These are the five buy calls I have because I am expecting a bullish reversal."