Voltas may hit Rs 308.90, Pidilite Industries Rs 647: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "In Voltas, on February 16, the volume was 32,80,000 and on Monday it was 31,67,000. The stock is showing a lot of strength. My feeling is that Voltas is definitely going to test Rs 310 supply zone. It is a strong resistance out there, so probably it would go close to that so, Rs 308.90 is my second target and Rs 302.90 is the first target. I have kept a stop loss at Rs 286.50." "Cipla in the last four days showed higher volumes than average, at least in the recent past the average has much been lower. However, in last four days right from the time it has started moving up it is showing good strength and likely to continue with that. The level of Rs 514.90 is the stop loss and Rs 537 is the target," he said."Pidilite Industries still shows good momentum, Rs 616 should be the stop loss while Rs 639 and Rs 647 should be the two targets. At least Rs 639 is highly likely to be achieved by today."