HomeNewsBusinessStocksSell Lupin, buy Siemens; Maruti looks weak: Rajat Bose

Sell Lupin, buy Siemens; Maruti looks weak: Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one can sell Lupin and buy Siemens.

February 05, 2016 / 12:12 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "Whatever is trending you can sell. Lupin is showing a lot of weakness, so I would like to sell the stock with a stop loss above Rs 1,635, Rs 1,592 is the target and it can go even lower but Rs 1,592 is a target that I am keeping for the day. Pharma is one sector that corrected yesterday and likely to correct even today. So, pharma is a sell." "Maruti Suzuki continues to look weak. The stock can fall even further, Rs 3,715 and Rs 3,693 are the two targets and I will put a stop loss above Rs 3,785," he said."Siemens, had been a star performer in the recent past and so it should be today as well. I would put a stop loss below Rs 1,035, Rs 1,074 and Rs 1,085 should be the two targets to watch out for. It is a good buy candidate."

first published: Feb 5, 2016 12:12 pm

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