Rahul Mohindar, Director, viratechindia.com is of the view that one can buy SBI on dips.
Mohindar told CNBC-TV18, "We got to look at SBI from 2 angles. First if we try and factor in what's going to happen today which is still obviously a question mark. Anything very severe only would bring in a deep crack but my own sense is Rs 2100 level should be maintained and the stock looks good from a medium to long term aspect. So probably a move down could even be utilized to get in."
He further added, "Again caveat being we still have to look at those numbers if one is looking at a very long term perspective. But in the short run technically we still look poised up and a 3-4% dip even from current levels will be read as an opportunity to buy. Personally I am much more bullish in the private sector banks, likes of Yes Bank and Kotak Mahindra Bank looks certainly more attractive to me within the banking stocks."
