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Jun 27, 2011, 03.25 PM IST
Yes Bank can test Rs 325-330, says Kunal Bothra of LKP.
Yes Bank can test Rs 325-330, says Kunal Bothra of LKP.
Bothra told CNBC-TV18, "Yes Bank is a wonderful chart, it’s an analyst delight. It has formed inverse head and shoulder, managed to breakout of that very convincingly and volumes have been very supportive.” He further added, “Look at the RSI indicators, momentum indicators have been very good, showing a very strong breakout of congestion, so Yes Bank is all set to test levels of Rs 325-330. I would keep a stop loss around 200 DMA which lies around Rs 292-293.”
Disclosure: No personal holdings in any of the above stock but we keep recommending them.
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