Buy Vijaya Bank: Mitesh Thacker

Mitesh Thacker, Technical Analyst, miteshthacker.com, in a chat with ET Now gives his call on bank stocks


The likes of a Vijaya, UCO, Dena or an Indian Bank, is there a long trade in any of these at current levels?

Yes, I would buy probably a Vijaya Bank with a stop at about Rs 58.5-57.5 for targets in the range of about Rs 65 to begin with. Dena Bank similarly looks very very attractive showing a strong reversal. The 200-day average is at Rs 92. So that will be my price target, the stock would be at about Rs 76.