Moneycontrol
Oct 11, 2017 03:09 PM IST | Source: CNBC-TV18

Hold Lakshmi Vilas Bank, says Prakash Gaba

Prakash Gaba of prakashgaba.com is of the view that one may hold Lakshmi Vilas Bank.

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Lakshmi Vilas Bank is trading somewhere closer to support. This is not the place to exit. This is the place to hold."

He further added, "We might see a bounce. If we get a bounce where does it go, Rs 165-175 zones. That is the area to exit. The stock is not good. Looks like structurally weak. Any upmoves would be a shorting opportunity, so I will take an opportunity to exit the stock if I see an upmove."
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