Buy Dena Bank with a target of Rs 115-116: Mitesh Thacker

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com shares his top trading bets for the day:

ET Now: What are your stock recommendations?

Mitesh Thacker: Dena Bank remains a buy. In the PSU banks, we have segregated the stocks which are maintaining and showing strength and some stocks which have gone weak. Dena Bank is on the verge of giving a breakout from the sideways range of about 110 to about 100 and can be bought with a stop just below 109 for a target of 115 to about 116.