Sell ICICI Bank, Canara Bank, Indian Bank: CA Rudramurthy BV

Name: Sell ICICI Bank, Canara Bank, Indian Bank: CA Rudramurthy BV
Uploaded: 2018-03-01T13:58:02+05:30
Description: CA Rudramurthy BV of Vachana Investments suggests selling ICICI Bank, Canara Bank and Indian Bank.

CA Rudramurthy BV of Vachana Investments suggests selling ICICI Bank, Canara Bank and Indian Bank.

CNBC-TV18

March 01, 2018 / 13:58 IST

CA Rudramurthy BV of Vachana Investments told CNBC-TV18, "I am selling ICICI Bank, have a target of Rs 290 with stop loss of Rs 311."

"Canara Bank also looks very weak to me. It is finding resistance at levels of Rs 300-305. So I will have a stop loss of Rs 306 and sell Canara Bank futures for target of Rs 280."

"A last sell call even on Indian Bank, this stock can head towards levels of Rs 300, have a stop loss of Rs 311 for this sell call," he said.

CNBC-TV18

first published: Mar 1, 2018 01:58 pm

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