Is Yes Bank a good buy !!

Posted: June 25, 2019 in Stock Market Trading

After Mr. Rana exit Yesbank has continuously gone down, breaking one level after another and is currently at 110 on 26may19. There is a 15% mismatch between the balance sheet and the technicals giving it a target of about 130. Buy when bad news come the stock can continue to slide down. The monthly double bottom for this stock is around Rs 60 and it has already touched a low around 90. For a patient investor 75 is a good price to buy !!

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