Sell INOX Leisure, Suzlon Energy may test Rs 16.05: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "INOX Leisure is one stock which once falls, I suffer because I have it in my investment portfolio, that is a disclosure from my side. The pullback rally is through, Rs 209.50 to about Rs 204.75 were the two downside targets and stop loss is Rs 220.25. Pull back rally clearly is over here, more selling is expected." "Suzlon Energy is actually showing distribution, we all thought that there was some accumulation going on since June. However, now it appears that it is no longer an accumulation. It is now a distribution, it is headed for at least Rs 16 kind of levels. So I have kept a target at Rs 16.05 and my stop loss is at Rs 17.45," he said.