Yes Bank

(BSE Code: 532648) (CMP: Rs.323.45) (FV: Rs.2)

Money Times - - Stock Picks Stock Scan - By Kushal Lakhani

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.

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