Shardul Kulkarni of Angel Broking is of the view that, one should wait for a correction in Lakshmi Vilas Bank and buy the stock around Rs 95-90.
Kulkarni told CNBC-TV18, "In case of Lakshmi Vilas Bank I would wait because the stock has given a phenomenal run in the last two trading sessions. I would wait for a corrective and in that corrective one can look at buying around Rs 95-90 that is the decent range in which one can look at a decent stop loss as well as target prices going forward. But at this price at Rs 103-104 I would not be looking at Lakshmi Vilas Bank even from a trading perspective."Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!