Book profits in Yes Bank: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Yes Bank had a rectangle pattern at the top and after that there had been quite a bit of a fall yesterday and today it is showing some kind of a recovery. But unless it sustains about Rs 345-350 kind of supply zone, I expect Yes Bank to actually fall even further."

"There is a nagging question about that divergence, last quarter it was reported and this time, how does Yes Bank tackle that situation or report about that, a lot depends on that. So, my suggestion to this investor would be that book profits. Maybe you will get an opportunity to enter into this bank at a lower level or look for opportunities in the PSU banking space," he added.