Sell Tata Steel, advises Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I would sell Tata Steel November futures at current level with a stop loss above Rs 405 and expecting Rs 390 to about Rs 388 and beyond that Rs 382. In IDFC November futures, I would put a stop loss above Rs 62.10 and target will be Rs 57 and Rs 55."At 14:25 hrs IDFC was quoting at Rs 59.10, down Rs 2.30, or 3.75 percent. It has touched an intraday high of Rs 62.00 and an intraday low of Rs 58.60.