Legal disclaimer: I am not a financial adviser. The advice here given is not a financial advice even though my excitement might make it look like such. When I say: "Buy/Sell now!" or "Do's and Don'ts" or something like that — it is my personal opinion. I do what I believe is right and at the end of the day I am just a person, not an expert. You trade at your own risk and nobody can guarantee you results. I post because I care.
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YESBANK hits my first target INR 28 just within few days after hitting its all-time low INR 5.65. Price may go South from now; but it's NOT the end of the world. Those who bought at my BUY level could have booked 4X gains.
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YESBANK bouncing back.. Current price @ INR 38. Expect price fall to level INR 28 - 29 which can hold support. Good for those who didn't chose to sell below INR 10.
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YESBANK is heading to my target price INR 79. Probability of market correction from that level to my buy back targets INR 28 & 16 is high.
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