Comment on Lessons from trading on Yes Bank

Vinayak commented on 23 Aug 2019, 03:41 PM

Dear Paniraj, the stock would need at least two quarters of profit for a turnaround.

Technically, if the stock falls below 45, it has the potential to go all the way down to levels below 20.

RCOM too went down the same way.

As Mr. Kamath said, if this is the money you wish to forego, it seems fine, else, better sell and buy shares of a stock which is healthy and rising.

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