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Market_Psychiatrist

YES BANK: Neither BUY nor SELL. Just Stay away from this stock

YES BANK (NSE:YESBANK)  
Market_Psychiatrist  
NSE:YESBANK   YES BANK
Chart Patterns Technical Indicators yesbank
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chartpattern indicator yesbank
YESBANK

As per 5 year chart view, Yes bank has been pulled down from 400 level to 100 Level. Approx 75% of the price has decreased in past 1 year. Many people will be buying in dips in the hope that it will rise 1 day. But if the stock is fundamentally and technically good stock. Then, you can buy in dips. But Yes bank is weak in both fundamental and technical. I can see its next stopping in 80 zone which is mentioned in chart. If it Breaks 70 level. Then next level of rest will be 50.

A Bank which 50% of the price is decreased in 1 and half months (20 Aug to 24 Sep 2018). Then think how much weak is that stock.

@ Yes Bank holders think realistically and take decision.

@ New Traders who are thinking to invest in this stock - Stay Away.

Think, Research and analyse on your own before taking any decision :)
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