Sell Tata Motors; buy Biocon, V-Guard Industries: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-Tv18, "Infosys is likely to test Rs 910 to about Rs 904 on the downside, so put a stop loss above say may be Rs 945 and take a short position there. The double bottom is around Rs 910 which is likely to be re-tested. Once that happens maybe there would be an occasion to buy a fresh and by that time I suppose tomorrow's Budget announcement would also be there, so you take a fresh view on that." "I am selling Tata Motors. Caveat here is that my clients might be holding short positions in that since I have given sell recommendations yesterday. The level of Rs 532 should be the stop loss and Rs 511 and Rs 508 are the two targets," he said."I am buying Biocon, Rs 1,013 is the stop loss and Rs 1,042 to about Rs 1,049 would be the two targets. The level of Rs 1,050 they had been a horn-top in the recent past, so that might be re-tested. Caveat here is that I personally hold that stock in my investment portfolio." "V-Guard Industries is an excellent stock, momentum in it is very good. I am expecting Rs 207 and after that Rs 210 to be scaled up. Put a stop loss below the day’s low that is Rs 199 the stop loss would be at Rs 198.50. Buy here, buy on declines but expect Rs 210 on the upside."