Short ACC, buy Sun Pharmaceutical Industries: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "On the short side, I would play ACC. Around Rs 1,405 if you short, put a stop loss above Rs 1,417 and Rs 1,388 could be on the cards for the stock. It looks pretty weak intraday with sporadic rallies notwithstanding. At higher levels you should sell." "Bharat Petroleum Corporation (BPCL) has been topped out, so I am using Sun Pharmaceutical Industries. Currently at Rs 702, you put a stop loss below Rs 694 and Rs 710 and Rs 713 are the two targets on the upside," he said.