Yes Bank, ICICI Bank technically weaker says Bose

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Yes Bank, ICICI Bank technically weaker says Bose

Technical Analyst, Rajat K Bose is of the view that Yes Bank, Kotak Mahindra and ICICI Bank are technically weaker.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » RELATED NEWS Yes Bank shoots up smartly Ignore private banks: Manghnani ALSO READ See previous views by Rajat K Bose See what other Experts & Brokerages are saying about Yes Bank See messages about Yes Bank YES BANK BSE | NSE 28/05/12 Are Mutual Funds betting on YES BANK? Other Stocks in this news Kotak Mahindra Bank | ICICI Bank |

Technical Analyst, Rajat K Bose is of the view that Yes Bank , Kotak Mahindra Bank  and ICICI Bank are technically weaker.

Bose told CNBC-TV18, "I would say that stocks like Yes Bank, Kotak Mahindra even ICICI Bank, these banks are weaker banks technically speaking but even they are showing signs of rebound. Infact earlier they were trending and you would have used any kind of rallies to sell them but I would not advocate such kind of stances any more, at least at this point of time."

Disclosure: It is safe to assume that analyst and his clients may have an interest in the stocks.