Sell Balrampur Chini, Dwarikesh Sugar: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Most of the stocks are still overbought. Although they have been a recovery yesterday but you can still sell stocks like Balrampur Chini or stocks like Dwarikesh Sugar. Only avoid say Shree Renuka Sugars or Bajaj Hindusthan because they are not the type to play actually." "If you sell Balrampur Chini then you put a stop loss above depending upon your comfort level - Rs 117.5 or Rs 119 and expect Rs 111 to about Rs 109 on the downside. Caveat here is that I hold Balrampur Chini in my portfolio," he said.