Bandhan Bank may extend gains as banking sector momentum strengthens: Religare Broking

Religare Broking has recommended buying Bandhan Bank, citing a breakout from a trend reversal pattern and a reclaim of the 200-day DEMA confirming a bullish reversal. The brokerage has set a price target of Rs 250 over the next 2-4 months, backed by strengthening momentum in the banking sector.