InvestorQ : Hi Diksha, can I book profits on Canara Bank and Bandhan Bank where I am making small profits? Also what stocks you suggest to buy for 31 May?
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Hi Diksha, can I book profits on Canara Bank and Bandhan Bank where I am making small profits? Also what stocks you suggest to buy for 31 May?

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diksha shah answered.
2 years ago
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I agree with you that Canara Bank and Bandhan Bank have rallied on Friday and are about 5-7% above the buy price. However, I suggest you hold on for now as we see more traction in banks in the second leg of the rally. Here is what I suggest on the two stocks.

· Canara Bank at Rs.153 (CMP – 162) – Suggest to Hold

· Bandhan Bank at Rs.299 (CMP – 306) – Suggest to Hold

Let me turn to your question on what to buy for 31 May. I have a buy suggestion on L&T Finance Holdings at Rs.93 for targets of Rs.115 in next 1-2 months. The stock looks poised to gain from the growth in business and also the restructuring of the group’s financial verticals. Don’t be bothered about the short term volatility in prices.

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