The latest analysis and commentary by stock market guru Rajat Bose of rajatkbose.com on what is moving the markets today.

He also spoke at length on Bharat Electronics (BEL), DLF, Siemens, Tata Consultancy Services (TCS), HCL Technologies, HDFC Bank.

Speaking about his stock ideas Rajat Bose said, “TCS is a buy Rs 2164 is my stop loss, Rs 2,199 and Rs 2,210 are the two targets. HCL Tech chart pattern is excellent. Targets would be Rs 1,102 and 1,115, Rs 1,180 is the stop loss HCL Tech is also a buy and finally HDFC Bank. If you are expecting Nifty to climb to new highs HDFC Bank cannot be behind in fact it could be the engine that could actually take it to those levels. Put a stop loss below Rs 2,445 buy HDFC Bank target would be Rs 2,475.”

“Siemens looks pretty good there is very good bar chart formation that suggest that further upswing is likely. Today’s target would be Rs 1,330 and I would out a stop loss below Rs 1,285. DLF I personally hold in my portfolio. It recovered from lower levels yesterday, closed at Rs 194.70 my stop loss is Rs 191.75 target is Rs 199. Finally a stock that showed some weakness yesterday but I am expecting it to do well BEL Rs 111.25 is my stop loss and Rs 117.75 is my target for the day. It is an excellent investment buy.”

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First Published:May 31, 2019 8:58 AM IST