HomeNewsBusinessStocksBuy Kesoram Ind, Lakshmi Vilas Bk, Vedanta: Rajat Bose

Buy Kesoram Ind, Lakshmi Vilas Bk, Vedanta: Rajat Bose

Rajat Bose of rajatkbose.com recommends buying Kesoram Industries, Lakshmi Vilas Bank, Snowman Logistics, Vedanta and McLeod Russel.

July 08, 2016 / 09:40 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "I have five buy calls and all of them are from the midcap space. To start with Kesoram Industries, the chart looks good. Yesterday, there had been pretty good movement in this and the volume activity had been quite encouraging. I would put a stop loss below Rs 135 and targets are Rs 148 and Rs 155. You can even carry it as a buy today sell tomorrow (BTST) trade if the stop loss doesn’t trigger." "Lakshmi Vilas Bank is showing pretty good traction, Rs 102 should be your stop loss, Rs 108 and Rs 111.50 should be the two targets for the day," he said. "Logistics stocks are doing well and Snowman Logistics is particularly a favourite of mine. Put a stop loss below Rs 79.25 and targets are 84-87.25 and a stretch target of Rs 92 for at least days to come." "Vedanta has the best chart among all these. It is a buy with a stop loss below Rs 139, targets would be Rs 149 and Rs 153.50. I would suggest profit booking around Rs 152 to about Rs 153." "For McLeod Russel, Rs 207 should be your stop loss, Rs 219, Rs 222 and Rs 227 are the three targets. The last target may not be reached today but I expect it to reach at least up to Rs 222."

first published: Jul 8, 2016 09:38 am

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