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Sell L&T, Voltas; buy Oil India: Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one can sell Larsen & Toubro and Voltas and advises buying Oil India.

November 22, 2016 / 11:22 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "I would sell Larsen & Toubro (L&T) with a stop loss above Rs 1,364 and a final target of around Rs 1,333. I would sell Voltas with a stop loss above Rs 294 and I would look at targets of Rs 289 and Rs 284.""Oil India is one stock that I would buy. Even at Rs 426, I am looking at a target of Rs 434. The best stop loss would be Rs 417 but if anybody is uncomfortable, Rs 419 could be an earlier stop loss for Oil India. Its chart looks pretty good. Maybe not so correlated with what is happening elsewhere," he said.

first published: Nov 22, 2016 11:22 am

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