Book some profits in Balaji Telefilms, UTV Software: Bose

Published on Fri, May 25, 2007 at 11:31 |  Source : Moneycontrol.com

Updated at Fri, May 25, 2007 at 16:41  

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Rajat K Bose, Technical Analyst, .

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Raj Television Network | UTV Software Communications |

Technical Analyst, Rajat K Bose is of the view that one cna book some profits in Balaji Telefilms , UTV Software Communications .

Bose told CNBC-TV18, "UTV and Balaji Tele both were rising almost vertically along with Raj TV , so it would be better to take some profits off the table if one is still having some profits because in recent past I have seen that traders have a penchant for buying these stocks thinking that they would go far higher from current levels, maybe they would but after that they might react especially UTV did. So I would advice to take some profits off the table in these media stocks since the media stocks have posted sharp run-up chances are it would see more correction than just what it is happening now."

  

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