Upside in Everonn unlikely unless it sustains above 310: Rajat Bose

In a chat with ET Now, Rajat Bose, rajatkbose.com, shares his views on Everonn.

What is the call on Everonn?

Education stocks in particular, now it is time that they perform but unless Everonn really moves above 310 and sustains above that, you would not see much of an upside.

On the other hand, if it were to fall below 275 to 270 support area which has been holding it in calendar year 2010 except for a brief swing down to about 31 days, it would still be a range bound counter only. When you see it falling below 270, expect further weakness and above 310, expect real good upswing to happen.