Bajrangi-Bhaijaan

Time to say "YES" To Yes Bank....Medium Term Target - 81

Long
NSE:YESBANK   YES BANK
While the stock has been in the news for all the wrong reasons and those who go strictly by the fundamentals & averse to corporate governance issues etc may not necessarily agree with my view point. But there comes a point in any stock, where the risk reward ratio becomes quite favourable (although just like in life, nothing is guaranteed in the stock market too). I would recommend a buy on the stock at current levels of around 38.65 for a medium target of 81.

Comments

Agree with this view I have also done the same study. But if it break 36 on closing it will fail and we can expect more down.
Yesbank is not a small bank , it is 4th big bank in India.
+3 Reply
praveen_igtr Jaisonmlr
@Jaisonmlr, Bhai sahib. It's last one year record constensily down. Not even one time high and maintain 1month level. Now CEO sell his share. Kiska senapati hi rbi ke hatane ke baad aone share bechna chalu kar de vo naav jayada fin nahi tikti.& New financer no invest karega vo bhi profit chahega na ki apni value ko aur Kam karega. I suggest to sell the share. Just like past history Moserbaer,. 490 se 1.06 ka Safar hai suhana.
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hope for the best.... :-)
+3 Reply
Brilliant Sirjee. 6.50% up. 1 view in almost 3 months & it is turning out to be a blockbuster.
+2 Reply
@TRK_Trader, Thank You Sir. Like in life, in stock market too, quality matters much more than quantity. Remember that dialogue from the movie "Neerja", where Sonam quotes the famous Rajesh Khanna line, which roughly translates to "Life should be impactful, not necessarily long". Good Luck.
+3 Reply
company fundamentals are really bad at this time.
+1 Reply
EVERY RETAILER IS OPTIMISTIC ABOUT YES AND SAYING YES ....BUT REALITY IS EVEN THEIR PROMOTERS SAYING NO ..
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Bajrangi-Bhaijaan TRADEWITHFUN247
@TRADEWITHFUN247, To be optimistic is fine - but optimistic at what price matters more in the stock market.
+3 Reply
TRADEWITHFUN247 Bajrangi-Bhaijaan
@Bajrangi-Bhaijaan, ABSOLUTELY
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Kitne saal me complete hoga target?
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