Sell Dhanlaxmi Bank, bank nifty has gapped down: Mitesh Thacker

Mitesh Thacker, Technical Analyst, miteshthacker.com in an interview with ET Now talks about Dhanlaxmi Bank.

What is the call on Dhanlaxmi Bank?

I have got a sell on Dhanlaxmi Bank. The Bank Nifty has gapped down and there is a very negative reading on those, so one of the banking stocks could be a good candidate to have in your short portfolio.

This one can probably declines to the level of 72, stop should be at 80.5.