Exit Triveni Engineering, says Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "In the month of December, Triveni Engineering has actually fallen below its 200-day moving average which was around Rs 85. So what I would suggest is that if in a rally, the stock fails to take out the zone between Rs 83 and Rs 85, then I think one should bail out of this stock."

At 15:17 hrs Triveni Engineering and Industries was quoting at Rs 78.30, down Rs 0.85, or 1.07 percent.

The share touched its 52-week high Rs 107.90 and 52-week low Rs 66.30 on 08 August, 2017 and 09 January, 2017, respectively.

Currently, it is trading 27.43 percent below its 52-week high and 18.1 percent above its 52-week low.