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Exit Dena Bank, says Rajat Bose

Rajat Bose of rajatbose.com is of the view that one may sell Dena Bank.

May 09, 2017 / 16:01 IST

Rajat Bose of rajatbose.com told CNBC-TV18, "I would suggest to exit Dena Bank because today, it has shown a wide-ranging day with Rs 50 being the top and now, Rs 44.75. Point is that today also, the record volume day. That suggests that a lot of people who had to sell had already sold and so, its short-term swing from Rs 38 to Rs 50 is already through."

He further added, "I would suggest that one should exit and seek some greener pastures elsewhere."

first published: May 9, 2017 03:58 pm

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