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02 January 2011

YESBANK


The YESBANK is having support at 20 day simple moving average and 200 day simple moving average at 304.10. The MACD has crossed above the signal line and trading at -5.69. The RSI is rising and trading at 47.11. The +DI has crossed above the -DI. All this indicate early buy signal. The combined resistance posed by 50 day and 100 day simple moving average at 330.81.

The market cap of the stock is 10795.97 .The PE Ratio of the stock is 18.03 and that of industry is 28.80. The EPS of the stock is 17.34.

Recommendation Closing price on 30-12-2010 is 312.70. One can trade in this stock for a target of 330.81 and a stop loss of 304.10 for short term.

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