YES BANK Share Price: Experts unveil this money making strategy for investors
YES BANK Share Price: After closing in loss for nine consecutive trade sessions, finally Yes Bank stock price ended on the higher side on Friday when it closed at Rs 14.90.
YES BANK Share Price: After closing in loss for nine consecutive trade sessions, finally Yes Bank stock price ended on the higher side on Friday when it closed at Rs 14.90. According to stock market experts, it could be the possible bottom-out as Rs 15 is a strong support for the private lender. Investors can buy Yes Bank shares at current levels keeping Stop-Loss at Rs 12.50 for the target of Rs 18, they said.
Speaking on Yes Bank share price outlook, Sumeet Bagadia, Executive Director at Choice Broking said, "Yes Bank has immediate support below Rs 15 and the private lender stock price is around that level. One can buy Yes Bank at current level for the immediate target of Rs 17 to Rs 18."
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Giving important levels for Yes Bank shares, SEBI registered technical equity analyst Simi Bhaumik said, "Yes Bank has strong support at Rs 12.50 and if someone has a holding in it, they should maintain Rs 12.50 stop-loss. However, breaking of that level may lead to the stock price in falling into the single digits. On the other hand, if Yes Bank share price recovers, then it may go up to Rs 18 on the higher side and on the breaking of this level, we can see it climbing up to Rs 22 mark."
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