Buy Hindustan Unilever, says Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Hindustan Unilever (HUL) will actually take the Nifty forward to 7,740. I find this chart formation to be quite promising. It is not a day trade, what I am recommending is that you put a stop loss below Rs 829 and keep a target of Rs 901 and Rs 917."

"Even if the Fed rate hike event were to be faced by us we would all face that whatever be the outcome, my feeling is that this defensive play is likely to actually do well and scale up those targets that is at least upto Rs 917. In today’s market it will provide a good performance. Even if it were to fall somewhat, still it is a buy till the time it breaks Rs 829," he said.