Yes Bank share price history suggests that the private lender bank stock has been range-bound in Rs 15 to Rs 17. In the last one month, Yes Bank shares have made their lowest closing at Rs 15.60 while they managed to make a closing high of Rs 16.60. According to stock market experts, one can buy Yes Bank shares at around Rs 16 (in fact, Yes Bank shares closed at Rs 15.85 on Friday) for the immediate target of Rs 18 but advised to maintain the stop-loss at below Rs 15 to remain safe while trading in this 'penny stock.'

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Speaking on the Yes Bank share price target; Sumeet Bagadia, Executive Director at Choice Broking said, "For the last one month, Yes Bank share price has been trading in the Rs 15.50 to Rs 17.00 range. One can buy Yes Bank shares at around Rs 16.00 for the target of Rs 18. But, bulls are advised to maintain the stop loss below Rs 15 as it has strong support at around Rs 15 to Rs 15.50."

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On how to make money from Yes Bank shares; SEBI registered technical equity analyst Simi Bhaumik said, "Yes Bank share price has immediate support at Rs 15 but it has strong support at Rs 12.50. My advice for traders is to start accumulating Yes Bank shares from now till Rs 13 and book profit at around Rs 17. However, she also advised to maintain the stop loss below Rs 12.50." In case the Rs 12.50 stop loss triggers, Bhaumik advised Yes Bank share holders to re-enter below Rs 10 as after breaking Rs 12.50 levels, it would soon showcase single digit levels.

On her suggestion to the bulls in regard to Yes Bank; Bhaumik said, "On the upper side, Yes Bank has immediate resistance at Rs 18 to Rs 18.50 levels. Once, it breaks this level, one can expect it to zoom at Rs 20-22 levels soon." But, she strictly advised to maintain the stop loss while trading in the Yes Bank shares. She said that one can either maintain the stop loss at Rs 15 or at Rs 12.5 if they want to keep on accumulating on every dip.