Rajat Bose of rajatkbose.com told CNBC-TV18, "The media stocks, especially those connected with television shows and films, these are bull market businesses and generally, in the middle phase of the bull market, they do pretty well, but Eros International
was showing signs of a breakout, but that has not matured. So, now, unless it were to fall below Rs 140, one should stay invested because there is no point exiting at these levels."
"When it crosses Rs 210, that actually show or give impetus to the stock to move higher. And from there, the run could be pretty fast, but from here to Rs 210, it could take quite a bit of time," he added.