Buy Bank of Rajasthan above Rs 70: Bose

Technical Analyst, Rajat K Bose is of the view that one can buy Bank of Rajasthan above Rs 70.

Bose told CNBC-TV18, "Bank of Rajasthan is moving up from the bottom. When a stock starts getting re-rated from the bottom, you see this kind of performance. Of course unless and until you see it crossing Rs 65-70 decisively, not just an intra-day hit around those levels, I would say that one should hold purchasing this stock at this point of time. Only when it crosses that Rs 70 mark then you buy otherwise you can get a decline because the rise has been pretty sharp.”