DCB Bank may test Rs 110: Yogesh Mehta

Yogesh Mehta, Associate Vice President of PCG Advisory Equities told CNBC-TV18, "We have already seen many of the companies on the PSU banks are not performing. DCB Bank is something which shown some kind of interest on the fundamental side as well."

"On the technical front now it has crossed over resistance of Rs 80 and quoting at Rs 85.75-86 price band currently. On the fundamental side we have target of Rs 110, but even if anybody wants to look at on a technical front then we are looking at Rs 100 as a price target and keeping a stoploss of Rs 79 purely on the technical side," he said.