(BSE Code: 532648) (CMP: Rs.323.45) (FV: Rs.2)
Yes Bank has consistently delivered good results. The stock looks attractive at a P/E of 16.52x against the industry P/E of 34.55x. Its support levels are placed at Rs.326-330. The stock trades at the daily RSI of 37 and is just above the oversold zone. Investors can accumulate the stock between Rs.339-343 for a short-term target of Rs.348-354-359-363367-370 and medium-term target of Rs.450-475 in the next 1.5-2 years.