Wait and watch Bank of India: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com in a chat with ET Now gives his views on Bank of India

ET Now: What is the call on Bank of India?

Bank of India has made a good move in the last 3-4 days and banks are generally bouncing back in the last 4-5 days. So I would not go with much of a decline on this stock with banks bouncing back.

Also, the possibility of the markets going into an intermediate uptrend is not yet confirmed. If that happens, there could be upside here rather than too much downside.