Expect Ashok Leyland to hit Rs 94-95.50, says Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Ashok Leyland looks good. Yesterday it performed pretty well and closed at Rs 91.50. So I put a stop loss below Rs 89.40. Once it has crossed Rs 89.50 it was supposed to move up and it has moved up. So, I expect it to test Rs 94-95.50. So, the Rs 95.50 is my final target, put a stop loss below Rs 89.40.""Jamna Auto has shown a price volume breakout and it showed considerable strength in today's trading. It closed around Rs 152, put a stop loss below Rs 158 and Rs 159.50 even though the stock has given a price volume breakout. It is looking pretty strong, Rs 159-160 would be a very difficult resistances level to cross. So, I would suggest to actually book profits close to that level or at that level, do not try to stretch it beyond that," he said."For Vinati Organics any pullback attempt had been resisted by 13-day exponential moving average. In fact prior to yesterday, the four prior trading sessions the day’s high had been at the 13-day moving average only. So, after that it has now closed below even its 5-day moving average and it is going down. So, chances are that it would fall further, so I have kept a sell there. My targets are Rs 391.10 and the stop loss is at Rs 408.25. It closed the day at Rs 402.25 and is pretty weak. In fact it could even go lower than Rs 391. However, for now Rs 391 is a good target."