Buy Mirza International, Bata India, Motherson Sumi: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "If you look at Mirza International's charts, the volumes have gone for a substantial jump over the last couple of trading sessions and that suggested that something has been cooking and something is probably on the cards and under such situations what I have noticed is that these midcaps, if they are close to their 200-day moving averages, they tend to test that. So, the second target that I have for Mirza International is Rs 101 where this 200-day exponential moving average is located and the earlier target would be Rs 97.80. Put a stop loss below Rs 91.50.""Bata India's chart is suggesting that it is heading higher. Its chart pattern is already on an upmove and it can even move up further from here. So, I would put a stop loss at Rs 558. Yesterday, it closed at Rs 568; Rs 10 stop loss only for the kind of move that I am expecting Rs 579, Rs 584 and Rs 595 on the upside. It is a positional long call, so one can actually carry it as buy today, sell tomorrow (BTST)," he said."Yesterday, Indiabulls Housing Finance performed well, Rs 735 should be the stop loss while Rs 760 and Rs 764 would be the two targets.""Assuming that Motherson Sumi opens with a gap up, I would use Rs 293 as my stop loss and expecting Rs 298-307 as the two target levels for this. The level of Rs 307 is the target that I am looking at and once it expands, it actually can go berserk."