Hold South Indian Bank, says Salil Sharma

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Hold South Indian Bank, says Salil Sharma

Salil Sharma, Technical Analyst, Kapur Sharma & Co is of the view that one can hold South Indian Bank.

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Excerpts from Markets Midday on CNBC-TV18 Watch the full show » ALSO READ See previous views by Salil Sharma See what other Experts & Brokerages are saying about South Ind Bk See messages about South Ind Bk

Salil Sharma, Technical Analyst, Kapur Sharma & Co is of the view that one can hold South Indian Bank .

Sharma told CNBC-TV18, "I would not say that one should buy SKS Micro at these levels. In this case the clear break out comes only beyond Rs 123-124. So that's not of any consequence at the moment, this up move which is taking place."

He further added, "Hold South Indian Bank because above Rs 23-23.50 it is giving a breakout and from there on it could move higher towards closer to Rs 26-27."