Buy call on DLF: Rajat Bose

Rajat Bose, rajatkbose.com, in a chat with ET Now, gives his trading ideas


Identify two trading ideas for our viewers?

I would choose DLF for today. DLF is consistently maintaining an upswing in today’s session so I would put a stop below Rs 205 and expect it to move up to something like Rs 208.30 and Rs 209.80 on the upside. The other stock that I would like to recommend is State Bank of India, I would say buy it on declines, about Rs 2010 or Rs 2110 or so and put a stop loss below Rs 2098. On the upside, Rs 2120 and Rs 2128 are the two targets that I would maintain and it is definitely a buy on declines so long as it doe not stay below say Rs 2103.