SIP stocks in Large-cap Banks. We like IndusInd Bank and Yes Bank.
We have already recommended CUB, DCB bank in Mid cap Space.
We like Indusind bank at current pricing, add in the range 1800-1850. Target 2400. 1 year. SL 1600.
Yes Bank also looks good in long term. Hold for a target of 400 in a year. SL 300. Share price 323.
Both Kotak Mahindra Bank and HDFC Bank has shown degrowth QoQ but the correction has happened. Stocks are testing crucial support near 200 day EMA.
Next rally in the market should be lead by Private Sector banks, if key support holds.
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