Let us track this month and see if Yes bank falls to the level of 40 or below. However, it comes with a caveat that if any real news for the takeover comes in the air, we may see it heading past 50 mark and post-closing 73 mark can go towards the three-digit mark. We call this stock as a lottery stock and all those with a penchant of risk-taking ability can consider it as this stock finds support at 20 level if it has a huge fall.
However, we do not recommend you to get into a lottery stock as we covered Yes bank as a falling knife stock and that is where our expertise in intraday trading suggestions come into play as we believe in capital preservation and generation of daily profit. No Point to see the capital erode as later on in time frame Yes bank will be taken by a potential suitor and it is bound to rise but till that time you will be under constant mental tension and trauma.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
