Buy Allahabad Bank, Canara Bank: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that buy Allahabad Bank, Canara Bank at current level.

Sukhani told CNBC-TV18, “Today we have seen only minor cuts as related to what has happened abroad in international markets and even where we were four days ago. So compared to that the Bank Nifty is outperforming as compared to where it was on Tuesday. So traders have to understand that whatever they are getting today is the dip that they will probably get. So if they are interested they have to go and buy either Allahabad Bank, Canara Bank or IOB at current levels. Keep a stop loss so you don’t suddenly get caught. But I would assume that this is a good time to buy.”