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Sell Voltas, target Rs 330: Rajat Bose

Rajat Bose of rajatkbose.com recommends selling Voltas for targets of Rs 330.

May 18, 2016 / 11:38 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "I would like to sell Voltas, although I hold that in my portfolio but for a day trade, I would like to sell this because I feel although the results have been stellar and I am pretty happy being a shareholder of that company but on March 12 it bottomed out at Rs 211. From there we are had a run of nearly 60 percent and yesterday was wide ranging day, suggesting that whatever had to be discounted has been mostly discounted today, it did show a higher high.""I would put a stop loss above Rs 350 and I would expect Rs 336, Rs 333 and Rs 330 as the target for Voltas. It is a sell for me," he added.

first published: May 18, 2016 11:37 am

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