Union Bank of India can touch Rs 280-290: Malkan

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Union Bank of India can touch Rs 280-290: Malkan

Union Bank of India can touch Rs 280-290, says Vishal Malkan of www.malkansview.com.

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Union Bank of India can touch Rs 280-290, says Vishal Malkan of www.malkansview.com .

Malkan told CNBC-TV18, "I think there is some headroom in Union Bank of India. I think there is some more potential to go and touch Rs 280-290 levels. HDFC Bank is making all time high; I think that would be the best bet for medium to long-term."

He further added, "I would not short any high beta right now because I don't this pullback is a shorting opportunity; it is in fact buying on dips. So I would look to buy on dips Reliance Infra , JP Associates and Essar Oil ."