Jitendra Panda, MD & CEO at Peerless Securities feels that YES Bank may touch Rs 375-380.
Jitendra Panda, MD & CEO at Peerless Securities told CNBC-TV18, "In Bank Nifty, we are looking at expiry closer to 12,300. Although Axis Bank has performed with huge volumes and we have seen April positions also building up there in Axis Bank, but our pick will be YES Bank . From current levels, we see YES Bank moving up to Rs 375-380 levels and any break above Rs 375, we would see Rs 395."
He further added, " SBI certainly is looking at Rs 1,720, but we do not see it crossing Rs 1,720 in this month because it has done well and it has outperformed. We believe Rs 1,720 is the highest price, but anything below Rs 1,680, it can crack further."
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