Manoj Murlidharan of Religare Securities told CNBC-TV18, "I would simply follow those stocks which are trading above yesterday's VWAP and even if it is a Bank Nifty, one can still buy, 18,440 is what we are expecting. VWAP would be the resistance at least for the Bank Nifty."
"Stock specific, I would still go with Oriental Bank of Commerce where we feel there is a good buying coming and may be Kotak Mahindra Bank. In these two stocks we can go long at least till the weighted average price," he added.
Disclosure: Analyst has mentioned these to his clients and he does not have any personal holdings.
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