Buy Andhra Bank with a target at Rs 70: Vivek Gupta

Vivek Gupta, CMT, Director Research, CapitalVia Global Research Limited, says Andhra Bank is likely to retest the level of Rs 70 if it continues to trade above the immediate support level of Rs 48.

Overall, the trend of the Andhra Bank: stock is weak and has given a breakout of the reversal chart pattern named, Head & Shoulder recently. It is likely to retest the level of Rs 70 if it continues to trade above the immediate support level of Rs 48.