Yes Bank Share Price | Update on Yes Bank, experts gave important advice, buy or sell shares – NSE: YESBANK
Yes Bank Share Price | A sharp decline was seen in the stock market on Tuesday, October 22. (NSE: YESBANK)Yes Bank shares fell 4.14% to Rs 20.15 on Tuesday. Yes Bank shares were trading in the range of Rs 20 to Rs 21.04 on Tuesday. Finally the shares of Yes Bank closed at Rs 20.15. On Wednesday, October 23, the stock was trading at Rs 20.02, down 0.100 per cent. (Part of This Bank)
Stock Market Benchmark Index Vs Yes Bank Share
Yes Bank shares have fallen 11.60% in the last one month. Whereas the stock market benchmark index Sensex declined by 4.41 percent. Similarly, on Tuesday October 22, 2024, Yes Bank share performed -3.24% compared to Sensex's -0.42%. On Thursday (October 24, 2024), the stock was trading 0.55% higher at Rs 20.1.
Classic Pivot Level
Yes Bank Share Classic Pivot Level analysis shows that the stock has major resistance at Rs 20.71, Rs 21.4 and Rs 21.75 in daily time frame, while the stock has major support levels at Rs 19.67, Rs 19.32 and Rs 18.63. Yes Bank shares have fallen continuously in the last two days. Yes Bank shares have fallen 3.6 percent in the last two days. Live Mint experts have given 'SELL' rating to Yes Bank shares. In terms of stock moving averages, Yes Bank is currently trading below its 5-day, 20-day, 50-day, 100-day and 200-day moving averages. Experts say that as a result, there are signs of a decline in the stock.
yes bank share target price
According to Live Mint technical analysis, Yes Bank shares may see a sharp decline at this time. Yes Bank stock has an ROE of 3.10%. Furthermore, the current P/E of Yes Bank stock stands at 43.45 and P/B at 1.45. Apart from this, the average 1 year average of Yes Bank share is 20.20% and the target price is Rs 16.
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