Vijaya Bank may touch Rs 34-35: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Vijaya Bank has a horrible chart because all banks have poor charts. Vijaya Bank fell from Rs 65 to Rs 42, made a trading range and then promptly fell out of that trading range. It is at Rs 42; it was at Rs 42 four-five years ago."

"It is promising lower levels and giving much lower levels, at least Rs 34-35 for a short-term position trader," he said. The share touched its 52-week high Rs 67.10 and 52-week low Rs 41.00 on 09 January, 2013 and 26 July, 2013, respectively. Currently, it is trading 40.01 percent below its 52-week high and 1.83 percent above its 52-week low. Market capitalisation stands at Rs 1,994.54 crore. Also Read: LIC buys Rs 8,700cr shares in 17 Sensex cos in June quarter