Hold Andhra Bank, target Rs 85: Vishal Malkan

Vishal Malkan of malkansview.com told CNBC-TV18, "The worst is over for public sector undertaking (PSU) banks and there is some bottoming formation happening on all the banks including Bank of India, Bank of Baroda and Andhra Bank. I am recommending holding on to Andhra Bank, keep a stop loss of around Rs 72 which is an important support, breaking of which can take it down to Rs 65."

"Going forward we can look at Rs 85 as the target which is it's breakeven price and if someone is ready to hold for three-six months then we can see targets of around Rs 95-100," he added.