Buy Allahabad Bank: Sudarshan Sukhani

Published on Thu, Nov 19, 2009 at 09:57 |  Source : CNBC-TV18

Updated at Thu, Nov 19, 2009 at 10:39  

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Sudarshan Sukhani, Technical Analyst

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Buy Allahabad Bank , says Technical Analyst, Sudarshan Sukhani .

Sukhani told CNBC-TV18, "Yesterday banks were lower than the broad market but if the market decides to stage a rally, this small public sector undertaking (PSU) banks will probably join in the party and being relatively high beta, they will participate more. So, Allahabad Bank is a buying opportunity with Rs 131 stoploss and a modest Rs 140 target."

  

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