Traders had gone in negative mode for the stock courtesy spat between Rana Kapoor and Madhu Kapoor followed by RBI diktat of not giving extension to rana Kapoor. That time sensing the mood and technical analysis we had recommended to Sell Yes Bank Stock and it proved right as stock fell to the low levels of 147.
However; it appears that bad times are probably over for the stock. Our paid clients in short term holding stock tips are long in this stock since the time it has crossed 233 levels and we had recommended Yesbank to be bought above 233 levels.
At times one may think that one should have bought Yesbank stock at 150 levels and one has missed the bus, just remember that it is very important to buy at the right level and not try to catch the falling life as at times trying to catch a falling stock can back fire also like lot of traders burnt their hands trying to catch Unitech falling from 2000 levels to single digit levels.
The stock has given positive signal from inverse head and shoulders formation by a break up through the resistance at 217/233. Further rise to 303 or more is signaled. The stock has support at rupee 160 and resistance at rupee 330.
Lastly, if you have lesser capital, you can consider our intraday share tips and can start making money from the starting day itself.
However; it appears that bad times are probably over for the stock. Our paid clients in short term holding stock tips are long in this stock since the time it has crossed 233 levels and we had recommended Yesbank to be bought above 233 levels.
At times one may think that one should have bought Yesbank stock at 150 levels and one has missed the bus, just remember that it is very important to buy at the right level and not try to catch the falling life as at times trying to catch a falling stock can back fire also like lot of traders burnt their hands trying to catch Unitech falling from 2000 levels to single digit levels.
The stock has given positive signal from inverse head and shoulders formation by a break up through the resistance at 217/233. Further rise to 303 or more is signaled. The stock has support at rupee 160 and resistance at rupee 330.
Lastly, if you have lesser capital, you can consider our intraday share tips and can start making money from the starting day itself.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
