Buy Maruti Suzuki, Zicom Electronic Security Systems: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Maruti Suzuki went down but it actually touched a critical support area around Rs 3,400. So, Rs 3,400 to about Rs 3,300 is a support zone. I would put a stop loss below Rs 3,300 on close and targets would be Rs 3,607 to about Rs 3,660. It is a positional call. In early part of next week, I expect these targets to be met. As it has reached a particular level from where it gives a bounce, I have kept it as a buy." "Zicom Electronic Security Systems showed surprise volume breakout. I would put a stop loss below Rs 69.75 and target of Rs 78 and Rs 81. These kind of midcap stocks or smallcap stocks I generally don’t like to give as a trading buy. However, for the day it can actually give good bounce. So, I have kept it on the buy side," he said.