Hold IndusInd Bank, says Vishal Malkan

Written By Unknown on Jumat, 22 November 2013 | 20.07

Nov 22, 2013, 06.07 PM IST

According to Vishal Malkan of malkansview.com, one may hold IndusInd Bank with a stop loss of Rs 390.

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Hold IndusInd Bank, says Vishal Malkan

According to Vishal Malkan of malkansview.com, one may hold IndusInd Bank with a stop loss of Rs 390.

Like this story, share it with millions of investors on M3

Hold IndusInd Bank, says Vishal Malkan

According to Vishal Malkan of malkansview.com, one may hold IndusInd Bank with a stop loss of Rs 390.

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Vishal Malkan of malkansview.com told CNBC-TV18, "Banking has seen its worse in the last quarter when Bank Nifty went up to 8,500. That bottom is not going to be seen very soon and then from there the stocks have been performing and all the banks have gone up around 10-20 percent."

" IndusInd Bank recently made a top of around Rs 450-475. The worst is over, so one can hold on with a stop loss of Rs 390 and if Rs 390 gets broken again then we can see some lower levels."


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