Sell Dish TV on any rally, says Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Dish TV after completing its distribution, early part of January it started sliding from the levels of Rs 95 when it actually bridged the 200-day exponential day moving average. Still it is in a downtrend, any rally should be sold, until and unless you see it crossing its 13-day exponential moving average which up until yesterday was around Rs 73.50." "The recovery is simply not visible, so any rally should be sold. Post Budget, damage will be more into midcaps if the market feels disappointed in the largecaps as well. Midcap Indices are such that they bring out horror stories. That is the real worry and Quick Heal kind of stocks, if they continue to happen then the primary market will also dry up. That is the big worry as far as I am concerned, I am watching those scenarios very closely," he said.