Hi Diksha, do you have any profit booking suggestions for the day on 03 June? Any fresh trading ideas for the day?
Answer
Answer
Yes, I have two profit booking ideas for you for 03 June. I am suggesting profit booking in Canara Bank and Bandhan Bank at current levels. Both the stocks have rallied and it is best to keep churning on a regular basis. Her is a quick summary.
· Canara Bank at Rs.153 (CMP – 164) – Book Profits
· Bandhan Bank at Rs.299 (CMP – 313) – Book Profits
I am not giving any buying fresh calls for the day. We will wait for the market to stabilize at higher levels and give a positive signal before looking at further buying opportunities.