Time to be contrarian? These 6 bank stocks can give over 18% returns

While the bank nifty might be facing pressure in todays trading session, it is because of the three private banks with high weightage in the indices witnessing selling pressure.For contrarian and short term traders there might be an opportunity given the fact that it has been witnessed that such moves are followed by short covering sooner or later..

But again this probably is trade for high risk traders or investors who have the ability to take a stand against market narrative..

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While the Q3 result from IT sector have brought them out of woods, in case of large private sector bank, it might appears to be the opposite case, but before taking any call on why this has happened one must take into account that the banks in question have created wealth in long term and even best of the wealth..

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