Hold Yes Bank, may test Rs 380-400: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I am bullish on Yes Bank at this level. I would talk of a hold with a stoploss of Rs 275."

"For the long-term, I would talk of a 12-15 months target of Rs 380-400. Talk of the next 1-3 months, Rs 330-360 is a very strong resistance. It may not be easy to cross that, but I do not see the stock breaking Rs 280-290, those levels as well."

At 14:58 hrs Yes Bank was quoting at Rs 312.80, down Rs 0.40, or 0.13 percent.

The share touched its 52-week high Rs 1,884.85 and 52-week low Rs 296 on 20 September, 2017 and 15 November, 2017, respectively.