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Go long on Indian Overseas Bank: Vishal Kshatriya

Go long on Indian Overseas Bank (IOB) with a target price of around Rs 148, says Vishal Kshatriya, Edelweiss

June 23, 2011 / 15:50 IST
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Go long on Indian Overseas Bank (IOB) with a target price of around Rs 148, says Vishal Kshatriya, Edelweiss

Kshatriya told CNBC-TV18, "Yesterday Indian overseas bank (IOB) has witnessed 10% OI build up with the stock closing marginally positive. This indicates some long has been built-up on the counter. Besides this, technically also the stock has bounced back from its key support of 200 DMA.

first published: Jun 23, 2011 02:11 pm

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