YES BANK LTD 27 JAN 14

Is this one heading back to touch previous lows of 225 or will take support at 290 levels..

Happy investing

Yes Bank Ltd

Yes Bank Ltd
Face value: Rs 10 Dividend 30%

If the stock is able to close above 334.5 it will be ripe to retouch its previous high.

Yes Bank Ltd

Yes Bank Ltd
Face Value Rs 10 Dividend 30%

If the stock moves past 340.5 than look for the tgts of 349.5 else it will seek support @ 337.25

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Yes Bank Ltd

Yes Bank Ltd
Face Value Rs 10 Dividend 25%

The stock was not showing strength around 370+ levels and facing lots of resistance around 381 levels. The good results were of little help and the stock did not perform.  Yesterday's announcement RBI for the basel III requirement will hit the profitability of the banks and I thinks insiders (big investors) already knew it that probably explains the muted performance of the stock despite good results. If the markets remain in bullish mood which I thinks is the case today, the stock can look for 349. Investors should not be worried about the small issues as the banks is already maintaining healthy capital adequacy ration of 17.95% as of 31st Mar 2012.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Old calls update

BBL - Holding
Jayshree - Holding
BPCL - booked around 700 levels (Profitable)
Rpower - booked at 102.50 (Profitable)
M&M - Holding
JPA - Trailing SL hit (Profitable)
Indusind Bank - Trailing SL hit (Profitable)
Yes Bank - Holding the short position with a strict sl of 351 (Profitable)
HDIL - Trailing SL hit (Profitable)

Yes Bank: Update 25th April 2012

Yes Bank Ltd
Previous post: Click here

As expected below the closing of 363.5 the stock hit lows of 356-357, if this one is not able close above 363.5 than look for 349.9 and 340 before the bounce back.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Yes Bank- Update

Yes Bank Ltd
Face value Rs 10 Dividend 25%
Last Update: Click here

The stock is currently trading in a box one can try to go long @ 363.5 with a sharp sl below 362.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Yes Bank - Still not ripe for the up movement

Yes Bank Ltd

Face Value  Rs 10 Dividend 25%

The stock is not able to close above 381 and facing resistance. Today might be the same day where in it might try to test 381 once again.

Previous post: Yes Bank Ltd