Rajat Bose of rajatkbose.com is of the view that one may buy Tata Elxsi, Sun Pharma and Ajanta Pharma.
Rajat Bose of rajatkbose.com told CNBC-TV18, "I would buy Tata Elxsi and stoploss will be below Rs 1,057. It has already moved up, so you can actually push the stoploss to about Rs 1,067 instead of Rs 1,057; Rs 1,096 and Rs 1,103 would be the revised targets for Tata Elxsi January futures."
He further added, "Sun Pharmaceutical is another stock I would suggest buying in January futures, Rs 577 is the stoploss and Rs 589 and Rs 595 would be the two targets.""Ajanta Pharma is also attracting good buying. In fact the whole pharmaceutical lot is actually attracting good buying. So Rs 1,531 would be my stoploss and Rs 1,556 and Rs 1,567 would be the two targets. However, if the Nifty fails to take out 10,782, then I would suggest close all long positions at the end of the day irrespective of their levels," he added.