Buy Sterlite Industries for long term: Rajat Bose

In a chat with ET Now, Rajat Bose, rajatkbose.com shares his views about various stocks.

How about a Sterlite which is up about a 3% today?

Sterlite as such looks okay. It looks good in today’s session. I would say that if it were to stay above the current levels then definitely we will see some move happening but otherwise what you might see is that if it fails to cross something like 119 then once again you will see it coming down to consolidate between 113 and 111. But if 113 is not broken in today’s session, you can expect further upswing but in the short term I am not looking at Sterlite going beyond 126.