Buy Vedanta, Cairn India: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Two Vedanta Group companies for a buy with very small stop losses because the market as such is not showing much strength but at these levels, going short is not really warranted. So, in Vedanta, I would put a stop loss below Rs 217.30 for target of Rs 222.""In Cairn India, I would put a stop loss below Rs 242.80 with a target of Rs 249. Initially they showed very sharp rise and after that they are correcting and probably the correction is going to be over by now and after that there could be a pull-back rally. I am banking on that pull-back rally to give these two buy calls," he said.