Kunal Saraogi, CEO of Equityrush told CNBC-TV18, "There are two stocks which I think can be bought into even at the current level, we have seen good traction in government banks and I think UCO Bank can be bought into at the current levels for a target of Rs 93 with a stoploss at Rs 86," he said.
"Reliance Power has broken out after forming a base for itself, Rs 82 can be a near term target and one should put a stoploss at Rs 73," he said.
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!