Friday, 21 November 2008

SBI looks good in banking space: Sukhani

Technical Analyst, Sudarshan Sukhani is of the view that SBI looks good in banking space.

Sukhani told CNBC-TV18, "With all the volatility that the bank index is showing or rather I should say inspite of all the volatility – SBI is one of the better charts in the banking sector and in the broader universe. But the key question is what do we do? Do we want to buy SBI now and the answer to that would be – is the market bottoming out? The answer to that is not likely."

Source: Moneycontrol

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