Technical Analyst, Vijay Bhambwani is of the view that HDFC Bank is likely to lead the banking sector up.
Bhambwani told CNBC-TV18, "The private sector banks will lead the way and I am completely biased in favour of HDFC Bank. This stock is likely to lead the sector up."
He further added, "From the PSU space, State Bank of India (SBI) and then Indian Bank in that order of preference seem better poised to lead a bounce back."
Source: Moneycontrol
Tuesday, 7 October 2008
HDFC Bank likely to lead the sector up: Bhambwani
Posted by Harsh at 06:51
Subscribe to:
Post Comments (Atom)
DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.
No comments:
Post a Comment