Buy Tata Consultancy Services, targets Rs 2502-2520: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I am buying Tata Consultancy Services (TCS) this morning precisely because the stock has been weak but yesterday there had been a recovery from the bottom and the kind of formation that TCS on the daily chart shows, it is kind of a morning star. Although the volumes had been low, but my feeling is that volume generally comes in on the second day. Unless of course it doesn’t come today then that could actually be a problem,but otherwise TCS is likely to show some recovery on the upside.""I am expecting it to cross that Rs 2,500 mark and it would actually go more than that. The targets are Rs 2,480. Once resiatance of Rs 2,480 is taken out then Rs 2,502 and Rs 2,520 are the next two targets for TCS and put a stop loss below Rs 2,439," he said.