HomeNewsBusinessStocksHCL Tech may test Rs 900: Rajat Bose

HCL Tech may test Rs 900: Rajat Bose

Rajat Bose of rajatkbose.com is of the view that HCL Tech may test Rs 900.

January 24, 2017 / 16:31 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Rajat Bose of rajatkbose.com told CNBC-TV18, "I would say that HCL Tech has a very strong support zone between Rs 820 and Rs 800. The level of Rs 900 seems to be a viable medium-term target if suppose there were to be a spike, Rs 878-880 kind of levels, there you sell and when it comes at a lower level, you buy again. This is how you can actually trade and bring your acquisition cost down.""That is the kind of trade that you can say that it is actually going to play around Rs 800 and Rs 900. On the higher level, you sell and at a lower level you buy," he said.

first published: Jan 24, 2017 03:41 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!