Buy Kaveri Seed, short Ceat: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "You can buy Kaveri Seed Company, keep stop loss below Rs 398 and Rs 409-412 could be the two targets to watch out for. Kaveri Seed has got momentum and also volume is keeping in." "On the short side Ceat has started looking weak. Keep a very close stop loss of about Rs 1,093 and your target would be Rs 1,076 to Rs 1,068," he said. "Unless you see Vedanta falling below Rs 83, do not go short because this is a support zone for the stock. For Hindalco Industries Rs 78.50 is the support zone and for Tata Steel, unless Rs 277 is decisively taken out, actually dips could be bought. So, they are not a short at this juncture."