Yes Bank looks attractive at current levels: Salil Sharma

Yes Bank is looking quite attractive at current levels, says Salil Sharma, Technical Analyst, Kapur Sharma & Co.

Sharma told CNBC-TV18, "Technically there’s been a major catch up in the PSU banks right from the time Bank Nifty tested those 200 DMA and bounced back from there. We saw major outperformance coming in the PSU space because there were short sold."
He further added, "The feeling was that private sector bank would do much better than the PSU and now they are more or less at power with the private sector peers and we are seeing good breakouts happening there in fact even today Dena Bank is given a very good move above Rs 103-104 level and which is now at a 15-16 month high and similarly even Yes Bank is looking quite attractive at current levels."