Sell JSW Steel, Sun Pharma may hit Rs 860: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "JSW Steel can go down to Rs 1,045 and if that gets taken out then Rs 1,037 would be the next target. The stop loss is about Rs 1,085. So, with somewhat recalibrated stop loss and target levels, JSW Steel is still a sell.""I feel that Sun Pharmaceutical Industries can still move up to Rs 860 or so but once it gets going, it is likely to test its critical resistance zone around Rs 878. So, that is the first target. If it can take out that then Rs 893 would be the level to watch out for. However, my suggestion is that whatever buy or sell call I am giving today, square it up at the end of the day because do not carry any positions through this weekend," he said.