Indian Bank may test Rs 212, says Aditya Agarwal, Sr. Derivative Analyst, Way2Wealth.
Agarwal told CNBC-TV18, "Some of the banking counters are there, which are looking good from current levels. We see midcap counters and Indian Bank is one stock in which we have seen a good bounce back in today's session. So we are expecting that it can test Rs 212 levels."
He further added, "Some of the midcap counters like Divis Lab is one stock, which has seen a very good bounce back from lower levels. So in this stock also we can see a bounce back till Rs 745 levels. So these are the two counters in which we are expecting some buying to continue in next few days."