Sell Repco Home Finance: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I would actually get out of Repco Home Finance if it were to fall below Rs 519 because if Rs 519 were to be broken this time then the recent low – 52-week low of Rs 487 would also be breached and it could actually head much further down. If it were to move up from here and crosses Rs 585 decisively then expect some kind of good move otherwise keep a strict stop loss of Rs 519.""Over the next 12 months, I expect a target of Rs 170 in NMDC, it is a modest target given the stock it is a pretty good target. I would put a stop loss of Rs 107. The chart pattern looks pretty regular. It is a rounding bottom, large rounding bottom formations, so steady rise can be expected and it is a good stock to hold on even in this current turbulent times."At 15:11 hrs Repco Home Finance was quoting at Rs 536.60, up Rs 1.30, or 0.24 percent. It has touched an intraday high of Rs 554.40 and an intraday low of Rs 525.00.