Buy PSU bank stock on dips

Published on Thu, Mar 29, 2007 at 10:20 |  Source : Moneycontrol.com

Updated at Thu, Mar 29, 2007 at 15:39  

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Rajat K Bose, Technical Analyst

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Canara Bank |

Technical Analyst, Rajat K Bose is of the view that one can wait for a minor dip to buy into PSU bank stocks.

Bose told CNBC-TV18, "PSU banks have run up quite a bit but they are still looking quite good and one can wait for a minor dip to buy into them. It is another sector that is showing bottom formation be it PNB, Canara Bank , Bank Of India , or Corporation Bank ."

Disclosure: Analyst doesn't hold any positions in any of the above stocks but generally if talk about popular stocks then he might have given trading advice to his clients.

  

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