Yesbank has been very bullish stock since April, today the stock touched its new 52-week high of 378.80. As per trending move on daily chart we will strongly recommend to buy this stock for short term trading opportunity around 374 – 378, as this stock has broken above its 52-week high. Target for YESBANK comes at 398 / 418. Stop loss should be placed at 365.
YESBANK is definitely a good buy with 10 to 15% returns expected.