Gujral told CNBC-TV18, "Private banking doesn't seem to be tiring out and HDFC Bank has had a fresh breakout today and that is heading to Rs 1150. ICICI Bank I am looking at a four figure mark. A Rs 1000 was the target the minute it broke out from Rs 680-85. The PSU banks have just broken out today. Today was the first day of fresh move after long consolidation. So, banking overall looks pretty good for some more run."
He further added, "As ICICI Bank slowly moves up above Rs 900, people can take some profits off and move into things like Kotak Mahindra Bank , which has made its all time high today. So, one just keep shifting within this sector and keep moving into sectors which are breaking out their consolidations fresh and keep getting out of things which have fairly moved."
