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J&K Bank has target of Rs 855: Shrikant Chauhan

Published on Tue, Jun 21, 2011 at 09:13 |  Source : CNBC-TV18

Updated at Tue, Jun 21, 2011 at 09:14  

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Jammu and Kashmir Bank has target of Rs 855, says Shrikant Chauhan, Kotak Securities.

Chauhan told CNBC-TV18, "Jammu and Kashmir Bank has formed cup and handle formation on daily charts and closed above the important level of Rs 855. We can keep a stop loss at Rs 820 on a closing basis and we can ride for the target of Rs 855 on the higher side and next Rs 930."

  

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