Prakash Gaba of prakashgaba.com told CNBC-TV18, "In DCB Bank one should take profits off, simple because when I look at the structure in the higher regions there is selling pressure. If it goes up, it is likely to find resistance. It could come down why take a chance, take your money off the table."
At 15:04 hrs DCB Bank was quoting at Rs 180.65, up Rs 3.40, or 1.92 percent.
The share touched its 52-week high Rs 213 and 52-week low Rs 118.35 on 16 June, 2017 and 15 November, 2016, respectively.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!