Axis Bank, SBI worthy picks: Rahul Mohindar

Rahul Mohindar of viratechindia.com told CNBC-TV18, "I won't really run into something like Dena Bank but I see a lot of stability coming into some charts particularly names like Bank of Baroda and Punjab National Bank. I think these stocks continue to show signs that they are possibly going to breakout over the next couple of weeks. I think banks as a whole look very interesting and it is the public sector banks which I would continue to look at.""If you look at something like Axis Bank or State Bank of India, I still clearly see them not out of the woods but I really think it is more marking time here rather than major price erosion. So, if someone is patient, has at least 3-4 months in hand, I think it makes a worthy pick," he said.