Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have been maintaining that financials can be sold on while IT still remains the stronger pack. So I have two sell calls on the banking side. Federal Bank is a sell with a stop loss at Rs 97.50 and look for targets close to about Rs 90."
"DCB Bank is a sell at slightly higher levels, so I would try to sell it around Rs 170, keep a stop loss at Rs 174 and look for target around Rs 162," he said.
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