Rajat Bose of rajatkbose.com told CNBC-TV18, "I am asking people to sell Yes Bank September futures because my feeling is that it won't sustain above Rs 1,265 and then that is the reason why I have kept the stop loss at Rs 1,265. I personally feel that fundamentally it is pretty weak compared to the prices that it is currently commanding. So, it is subject to further correction at least to sub Rs 1,100 levels which could be seen going forward. As of now, I have kept two targets - Rs 1,203 and Rs 1,165 and you put a stop loss above Rs 1,265 on the close. So, Yes Bank is a sell at current level and on rallies.""Aurobindo Pharma in today's session posted a calendar year 2016 high. Earlier high was January 29 at Rs 838. Currently, it has posted a high higher than that and I am expecting it to move up to something like Rs 853 and Rs 867 going forward. So, Aurobindo Pharma if all the targets are not met today - may not be met today in fact can still be carried and put a stop loss below Rs 815 where it actually showed real break out," he said.
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