Avoid GTL for now: Rajat Bose, rajatkbose.com

Rajat Bose, rajatkbose.com in an interview with ET Now talks about GTL.

ET Now: What is the call on GTL?

Rajat Bose: This is highly avoidable. If these stocks were to really move up, then the vertical fall that it has had, there would have been at least some bounce.

Yesterday only we were talking of stocks, I was giving an example of a tennis ball falling from 10 storey to the ground floor and they should actually bounce back 3 to 4 storey but here you do not see such kind of a bounce.

So there must be some problem that has not come to the fore but those who are taking a bet on it must be having some idea. That is why this is trading at such low levels. I would ideally avoid it. Not go short here, that is very difficult to do but not do a bargain hunting either.