I recently overheard a couple of guys discussing investments and stocks at the gym, and one of them told the other to buy "Yes Bank" as it is apparently at a good valuation right now.
My take on it?
Maybe. Maybe it is available at a so called "discount". But it had also gone down from 400 to 5. Almost 98.5% down from all time highs. Which means it has a lot of...
This script as shown in the chart drawing appears to have broken an important zone as shown in the chart drawing.
It is worth watching it for study purposes now onwards.
Kindly buy for a few months waiting time to tgt...No stoploss..cause this stock will move up ultimately in 16 months timeeven if it does not move in the short time
Yes bank has formed triangle pattern, seems large volumes are coming in looks good buy around immediate demand are with below level as stop loss for the given target..lets see.
It will be best to take entry on NSE:YESBANK once price retest level of 17.90, we can put stop loss of 14.90 (-3 Points Risk).
Can hold till target of 28 (+10 Points). It may take 3-4 months to get target.
Note: This is my personal analysis, only for learning. Thanks.
YESBANK now forming Inverse Head & Shoulder pattern and it's completed retracement also...if continue this pattern then short term target 20+ and midterm 25 will expect also, Keep SL for 12 at weekly candle closing basis.
