Analysis:
- Stock has made 52 week high of 547.15 (20th May 2013) & 52 week low of 216.10 (20th Aug 2013)
- There is a intersection of three trendlines which is very unique in nature and suggest bullish bias in this counter.
- Stock is above its 20 days SMA & 50 days EMA that us short & mid term moving averages suggest strong uptrend.
Strategy:- Buy & accumulate Yes Bank between 368-375 possible target- 395-405 with stop below 355 on closing basis. (2-15 days)
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