financetom
Market
financetom
/
Market
/
Market expert Rajat Bose gives his technical check on stocks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market expert Rajat Bose gives his technical check on stocks
Oct 18, 2019 12:44 AM

The latest analysis and commentary by stock market guru Rajat Bose of rajatkbose.com on what is trending in the markets today. Bose has three buy calls.

Godrej Consumer:

"I am expecting it to retest the September 23rd high of Rs 724 that is the final target and Rs 721 is the prior target and Rs 708.50 is my stop loss."

Mahindra & Mahindra: "I would buy with a stop below Rs 584.80, Rs 607 and Rs 619 are the two targets. There is a bullish saucer formation, that will complete at Rs 620 hence this cal."

United Spirits: "I would put a stop loss below Rs 624, Rs 655 and Rs 654 are the two targets."

"I am bullish on auto sector primarily because the Auto Nifty, Auto Index 8032 is the 200 exponential moving average that is likely to be crossed this time and hence auto stocks might perform well,” he said.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

First Published:Oct 18, 2019 9:44 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Geopolitical Risks Weigh on Exchange-Traded Funds, US Equities
Geopolitical Risks Weigh on Exchange-Traded Funds, US Equities
Apr 12, 2024
12:56 PM EDT, 04/12/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading more than 1% lower. Actively traded Invesco QQQ Trust (QQQ) was down 1.7%. US equity indexes and government bond yields fell in midday trading on Friday amid speculation that Iran will launch a strike against Israel and as mega-cap bank earnings...
US STOCKS-S&P 500, Dow set for weekly losses as banks, megacaps fall
US STOCKS-S&P 500, Dow set for weekly losses as banks, megacaps fall
Apr 12, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * JPMorgan Chase ( JPM ) down after NII forecast miss * Citigroup ( C/PN ) eases after lower Q1 profit * Indexes down: Dow 0.94%, S&P 1.01%, Nasdaq 1.18% (Updated at 11:26 a.m. ET/ 1526 GMT) By Shashwat Chauhan...
Sector Update: Financial
Sector Update: Financial
Apr 12, 2024
01:24 PM EDT, 04/12/2024 (MT Newswires) -- Financial stocks were falling in Friday afternoon trading, with the NYSE Financial Index shedding 1.4% and the Financial Select Sector SPDR Fund (XLF) off 1.3%. The Philadelphia Housing Index was down 0.3% and the Real Estate Select Sector SPDR Fund (XLRE) decreased 0.9%. Bitcoin (BTC-USD) was down 2.2% to $68,487, and the yield...
Geopolitical Risks, Underwhelming Start to Bank Earnings Push US Indexes Lower
Geopolitical Risks, Underwhelming Start to Bank Earnings Push US Indexes Lower
Apr 12, 2024
12:39 PM EDT, 04/12/2024 (MT Newswires) -- US equity indexes and government bond yields fell in midday trading on Friday amid speculation Iran will launch a strike against Israel and as mega-cap bank earnings underwhelmed. The S&P 500 fell 0.9% to 5,150.5, with the Nasdaq Composite down 1.1% to 16,261.4 and the Dow Jones Industrial Average 0.8% lower at 38,162.9....
Copyright 2023-2025 - www.financetom.com All Rights Reserved