YES Bank may hit Rs 880-900, says Ashish Chaturmohta

Ashish Chaturmohta of Fortune Group told CNBC-TV18, "YES Bank has been holding between a range of Rs 800-830, we have seen very strong build up of positions. So, positionally the stock has the potential to cross its all-time high. I will keep a positional stop loss of Rs 800 and on the upside, Rs 880-900 could be the possible target in next three to five weeks."

At 14:18 hrs Yes Bank was quoting at Rs 846.05, up Rs 22.95, or 2.79 percent. It has touched an intraday high of Rs 849.70 and an intraday low of Rs 824.60.

Disclosure: Analyst does not have any personal holdings.