If broke Rs 80, Uco Bank can touch Rs 84: Kunal Saraogi

In a chat with ET Now, Kunal Saraogi, technical analyst, www.equityrush.com, talks about the outlook of UCO Bank.

Where do you see UCO Bank hitting its next resistance?

The first level where some bit of resistance might come in is around Rs 80. If the stock is able to take that out, the next level would be about Rs 84. The stock is in a very bullish trajectory and I think Rs 80 is very likely. Rs 84 is going to happen only if this stock is able to break Rs 80.