Hold Dena Bank, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "One should hold on to Dena Bank. All PSU banks are now bottoming out. That process is tedious and little laborious also because sometimes they chop around but the broad theme is that a big decline in PSU banks is over and now you are going to look for bigger rallies and a new uptrend sooner or later."

"This is the right time to be in Dena Bank, stay with it. Targets are a very different story, targets depend on price momentum as well as time. One should stay with it," he added.

Disclosure: Analyst does not have positions in the stock.