Exit Tata Global Beverage, says Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Tata Global Beverage was breaking out until recently. I mean so long as it went above say Rs 150 levels there was a real breakout, but that real breakout was resisted a little short of Rs 160 and after that it is one way down. Now it has fallen not just below 50-day or a 100-day, it has fallen below 200-day moving average and that has happened 7 or 8 trading sessions back and it is just not sustaining.""This is pretty weak unless it trades above Rs 125 and sustains there, there is no possibility of any great recovery out there. My suggestion is to seek an exit because these kinds of stocks may actually suffer a lot when they fall like this," he added.