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Sell Sun Pharma, Apollo Hospitals looks weak: Rajat Bose

Rajat Bose of rajatkbose.com recommends selling Sun Pharma and feels that Apollo Hospitals looks weak.

December 15, 2016 / 14:48 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "Sun Pharmaceutical Industries is a sell with a stop loss above Rs 685 for target of Rs 653 and Rs 641. Apollo Hospitals also looks weak, put a stop loss above Rs 1,241 and targets are Rs 1,216 and Rs 1,202." "Eicher Motors has been falling since December 8 and it is continuously falling, even though there had been intraday rallies. However, the trend has been down and there is still no sign that the stock is going to stage a good rally from here. So, Eicher, in my opinion is not a buy, in fact on rallies you will continue to sell," he said."Bajaj Auto looks a bit better, there is a possibility that the stock might well move up to something like Rs 2,700 to Rs 2,730 which is a strong resistance zone which if it manages to cross that then I definitely can expect a sustainable move on the upside."

first published: Dec 15, 2016 02:48 pm

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