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Last Updated : Oct 20, 2016 03:42 PM IST | Source: CNBC-TV18

Buy TCS, Whirlpool; Yes Bank looks good: Rajat Bose

Rajat Bose of rajatkbose.com recommends buying Tata Consultancy Services and Whirlpool and feels that Yes Bank looks good for more upside.

Rajat Bose of rajatkbose.com told CNBC-TV18, "RBL Bank has gone up to Rs 332. At this juncture, giving a recommendation on RBL may not be appropriate. I would choose Tata Consultancy Services (TCS) because I have a feeling that it has actually posted a horn bottom kind of a thing on the end of day charts and the kind of volume that is seen below Rs 2,300 suggests that TCS might have formed a bottom. So, there is a possibility that a pullback rally extending up to Rs 2,450 could very much be there. So, that would be my target and I would put a stop loss below Rs 2,374."

"Stocks like AC manufacturers or white good manufacturers like Whirlpool and others are making great strides. So, you can buy into those stocks also. I would say that Yes Bank looks pretty good. In fact, I would personally feel that the stock has further way to go on the upside and from here, unless it falls below Rs 1,250, I do not think there is any major problem as such," he added.
First Published on Oct 20, 2016 03:42 pm
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