need stock market tip.. Should I buy Yes Bank at Rs 48
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I request all the stock market pundits to advise me whether should I buy Yes Bank at Rs 48. i know there is a lot of negative news going around it but I think its a still good buy for short tem (15-20 days)
Please advise
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Highly risky with good rewards but do not buy — BP will shoot up watching the direction of the stock!
Well, if you had bought at 48, you would have been 10% down your capital already
I have just bought at 43.58 avg price 200 shares. lets see, will buy more if comes around 40
wait for a month. you can buy at 4 Rs
If u want to take risk, then buy @ 36, 32 area with stoploss below 20. According to my analysis ( mostly unbiased) stock will try to catch levels of 65 again & if it clears well then can go till 231. But no previous highs will gain and stock will remain in downtrend. Stock will move only when public participation & attention is less. You can take risk for say 1 year if u can bear. Also, do not place stoploss order in system.
Till today, i didn’t have position but will take accrd to these levels now.
Thanks for post. ( I do not follow any news, tip etc. Only Price!!!) Profit/Loss is all yours.
Failed
Bhai sold them all at 47.20 current price
you should have held them for atleast about 10-15 more days. dont listen to anyone
u can buy today
actually today morning
And you must sell today
actually today afternoon
again bought some shares at 15.15 ))
It went to 5.75 today…… Pure game….. Yesterday announcement of SBI taking stake….. Zoomed the share by 25% and today crashed ruthlessly…..
if sbi takes yes bank then what’s about our shares ?
Restructuring scheme is out now.
@vijkap201 No, because they don’t know what is hidden inside and from lesson learnt by obc which took gtb, obc was one of the best bank but taking gtb’s hidden losses and no big assets it became an average bank and so much so that today it is merged with pnb. if you still go to an obc branch and compare with say sbi or pnb, there will be vast difference. air conditions, good infraatructer, helpful staff but gtb ruined it. can yes ruin sbi, no one knows. plus staff will be added liability. why will sbi keep yes staff which is not according to it’s culture and pay scale.
“The Investor bank shall agree to invest in the equity of the Reconstructed bank to the extent that post infusion it holds 49% shareholding in the Reconstructed bank at a price not less than Rs.10/- (Rupees ten only) [Face value of Rs.2/- (Rupees two only) and premium of Rs.8/-(Rupees eight only)]. The Investor bank shall not reduce its holding below 26% before completion of three years from the date of infusion of the capital.”
I agree though that SBI will not take a decision in hurry & also it seems RBI has underwritten the tier 1 bonds of yes bank to reduce potential liability of sbi(debt funds already started underwriting yes bank bonds because of this).
Invested in IDFC first bank after selling Yes bank, 6 months before.
Yes Bank Share holders right now -
Rana ji mujhe maaf karna, galti maare se ho gayi
I sold my Yes Bank shares today at 28.75 and this is the second time I have made money in Yes Bank (made good money this time). Someone will say I got lucky, yes I got lucky but it was a wise investment considering its a 4th largest bank and RBI no matter what will try and save its scheduled commercial bank
You indeed got lucky,SBI could as easily have not written off the AT1 bonds(for which court case already filed by many MFs) & instead allowed equity shares to be devalued in which case Yes Bank would be crawling at 10-12 or even lower now. There is a difference between saving a bank & saving a bank & its shareholders. I hope you don’t take this as anything other than luck else there may be a big loss in future waiting for you enough to wipe out all your previous gains.
Today I got 250 profit in yes bank share. I bought at 24.50 × 100 shares & sold at 27rupees
I guess you bought in cash segment as most brokers have disabled margin segment in Yes Bank stock
How much you could earn in these days