Buy Oriental Bank of Commerce: Kunal Saraogi

Kunal Saraogi, Technical Analyst, www.equityrush.com, in a chat with ET Now talks about OBC.

What about OBC on the charts?

Well if you look at OBC the overall stock looks very good and like all banking stocks this stock has done tremendously well and that this overall move in banking is going to continue and the bank Nifty is doing very well and all PSU bank stocks are doing well. I would hold on to long positions here. Any dip that you get on stocks like this is an opportunity to get into a long position again, so OBC definitely is a buy at the current levels or on whatever dips you get.