Yes Bank saw a sharp upwards movement in price following the news that Private equity majors Carlyle and Advent have got the Reserve Bank of India's (RBI's) nod to own up to 9.99 per cent in Yes Bank. Go long above 20 rupees while that will then become your stop loss. I do feel the major issues of Yes Bank are behind it.
Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
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