Buy Karnataka Bank with a price target of Rs 128: CK Narayan

In a chat with ET Now, CK Narayan, Growth Avenues Asset Advisors, shares his views on Karnataka Bank Limited.

ET Now: What is the call on Karnataka Bank?

CK Narayan: Buy Karnataka Bank which has been holding the higher levels that it has been acquiring consistently. So, I am looking to go long in this stock with a stop loss of about Rs 118 a price target of Rs 127-128 by the end of the day.