HomeNewsBusinessStocksPrefer HCL Tech, Tech Mahindra: Rajat Bose

Prefer HCL Tech, Tech Mahindra: Rajat Bose

According to Rajat Bose of rajatkbose.com, one may prefer HCL Tech and Tech Mahindra from the IT space.

December 19, 2014 / 10:34 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "I am looking at stocks like HCL Tech and Tech Mahindra. If HCL Tech crosses Rs 1,550 and sustains above that then HCL Tech will actually test Rs1,582 – 1,585 this is a strong supply zone for the stock, at least you can expect those levels to reached."

"Tech Mahindra, although was showing a bit of distribution but once it crosses its 13 day exponential moving average around Rs 2,575 then it can actually move up to Rs 2,600 plus level and could even show Rs 2,630 on the upside. So, these are the two IT counters I would suggest to viewers," he added.

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first published: Dec 19, 2014 10:29 am

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