Pick City Union Bank: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "City Union Bank's structure is positive and the chart is good. However, in Allahabad Bank the structure is weak but interestingly it is at a place where it is trading at a very important support zone. So, would I sell it here? I don’t know; I would rather hold and if it comes down, you add it and buy some more. However, I would go ahead and say City Union Bank certainly has a better structure compared to Allahabad Bank."City Union Bank ended at Rs 150.50, down Rs 2.55, or 1.67 percent on the BSE.