Sudarshan Sukhani of s2analytics.com said, "We are going to see a minor buzz on the upside starting with Ashok Leyland where a dip or a sharp correction seems to be finding support, so it is a buying opportunity here, as usual if the stock closes strong, carry it forward."
"A lot of public sector undertaking (PSU) banks are suggesting at least a minor double bottom is in place and a rally is going to continue. So, Canara Bank is a buying opportunity for me but it is not alone, Allahabad Bank and Bank of Baroda have similar patterns. So PSU bank is a theme that could play out today." he added.
"HDFC did not correct. It is in a world of its own. It is a buying opportunity. As it now breaks and tries to make lifetime new high, it's just a little shy of that. It had a good day yesterday," he said.
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