Vishal Malkan recommends investing in PSU banks like Canara Bank, Bank of Baroda, and PNB. He also mentions AB Capital as a good stock. Bank Nifty has resistance at 48,000. Auto companies like Ashok Leyland, TVS, Bajaj, and Hero should be watched for breakouts and would would wait for Tata Chemicals price to come down to Rs 1040-1045 before buying it.
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