Buy Canara Bank, says Gujral

Published on Monday, November 9th, 2009 at 3:56 PM
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Author: stockalert (2026 Articles)

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Buy Canara Bank, says Technical Analyst, Ashwani Gujral.

“Banking has come back after a deep correction. Maybe interest rates will be raised in the future but we have seen that on earlier cycles banking tends to outperform well into the rise of interest rates. So one can buy Canara Bank with a stoploss of about Rs 345 and target here for the short-term could be easily Rs 380.”

Source : MoneyControl

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