Sudarshan Sukhani, s2analytics.com advises to sell Canara Bank, Andhra Bank and Dena Bank at current levels.
Sukhani told CNBC-TV18, “Sell Canara Bank, Andhra Bank, Dena Bank, and the PSUs. All of the PSU banks are looking to break their lows. That is the sector that traders should focus on and metals.”
On April 10, Canara Bank closed at Rs 379.60, up Rs 2.00, or 0.53 percent. It has touched an intraday high of Rs 382.50 and an intraday low of Rs 369.05.
On April 10, Andhra Bank closed at Rs 92.25, up Rs 1.15, or 1.26 percent. It has touched an intraday high of Rs 92.60 and an intraday low of Rs 90.15.
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