Ticker

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Stock To Watch : Yes Bank

Stock was earlier given to buy near 330 and stock did 400+ levels in just two months, now again stock is hovering near our previous entry level and we are still positive to enter this stock till it is above 330 on closing basis. So keep eyes open and grab it on dips. Have a look at daily chart where Short term RSI (RSI 5) is in oversold zone and 61.8% Fibonacci retracement  of previous rally is placed at 330. Below 330 stock can drag further towards 320-10-5. Have a look at chart