Yes Bank can touch Rs 290-295

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Yes Bank can touch Rs 290-295

Yes Bank can touch Rs 290-295, says Technical Analyst, Ashwani Gujral.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by Ashwani Gujral See what other Experts & Brokerages are saying about Yes Bank See messages about Yes Bank YES BANK BSE | NSE 10/02/12 Are Mutual Funds betting on YES BANK?

Technical Analyst, Ashwani Gujral is of the view that Yes Bank can touch Rs 290-295.

Gujral told CNBC-TV18, "Yes Bank, particularly, closer to Rs 240-245, I think that is a sort of making fresh highs, that could go up to levels of Rs 290-295. On the large caps, Punjab National Bank (PNB) on all declines towards Rs 870-880 that becomes a good buy, you could trade it up towards levels of Rs 950. So banking overall even things like Dena Bank, they have had a sharp rally, could probably correct for a couple of days, but on all declines. Banking is the first choice where people should get in to."