We had earlier recommended to sell yes bank when it broke key support level and we had asked our clients to avoid buying it as it was like a falling knife situation. It was an absolute correct decision to sell that time as thereafter stock has fallen to a new low near 90 levels where it has found support.
Thus with this as a backdrop, we suggest now to buy Yes bank as a value stock as it has found the support at 90 level and can see it touching the levels of 105,125,150,175 and higher levels with a caveat that 90 level should be held. Remember if this level of 90 is broken then you must exit the stock and again wait for a right entry price in the stock.
Have a look at Yes bank stock price chart to arrive at the said decision as now MACD indicator is also favouring the stock. If you do not wanna go through the procedure of searching the stocks, you can check our short term holding stocks where our clients enter at right time in high-value growth trajectory stocks and day traders benefit with a hot stock of the day to make money in the market./
Thus with this as a backdrop, we suggest now to buy Yes bank as a value stock as it has found the support at 90 level and can see it touching the levels of 105,125,150,175 and higher levels with a caveat that 90 level should be held. Remember if this level of 90 is broken then you must exit the stock and again wait for a right entry price in the stock.
Have a look at Yes bank stock price chart to arrive at the said decision as now MACD indicator is also favouring the stock. If you do not wanna go through the procedure of searching the stocks, you can check our short term holding stocks where our clients enter at right time in high-value growth trajectory stocks and day traders benefit with a hot stock of the day to make money in the market./
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