Buy Bank of India, ICICI Bank, says Vaishali Parekh of Prabhudas Liladher

Here are a few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

BUY Bank of India 

CMP: Rs 133

SL: Rs 126

Target: Rs 138-140

BOI has come out of consolidation range with very high volume, rising RSI, and positive MACD. We recommend a BUY with a target of Rs 138-140.

BUY ICICI BANK 

CMP: Rs 274.75

SL: Rs 260

Target: Rs 285

ICICI Bank after correcting from Rs 289 has taken support at Rs 265 & RSI in hourly chart bouncing back from oversold indicating a good bounce in this stock. Buy this stock now in decline for positional target of Rs 285-290.

Disclaimer: The analyst may have positions in any or all the stocks mentioned above.