Buy Karnataka Bank, sell Indian Oil Corporation: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I have got two stocks. One is a short term buy call - Karnataka Bank. Put a stop loss below Rs 124.50 and my target for say about a week or 10 days is Rs 141 on the upside. The rollover statistics suggest that there has been strong rollovers this time, up till yesterday it was 76 percent, so, probably even higher. So, chances are that bullish momentum in Karnataka Bank would retain and target of Rs 141 would be imminently achievable.""Short call is on Indian Oil Corporation (IOC), put a stop loss above Rs 391.10 and a target of Rs 381 and sell at current price," he said.