Banking Stocks Tips & Updates

Yes Bank Share Technical Recommendation with Graph Presention for Trading Strategy

YES BANK Limited is a private sector bank. The Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management. Technical View for Yes Bank: - The Yes Bank Trend is showing a fully uptrend and RSI AND MACD ALSO confirming a buying trend. Technical Recommendation & Strategy: you can Buy yes bank above 1860 for targets 1902, 1945 Stop Loss 1843.
Read More

Why Axis Bank’s Shares Boom to Upper Levels Today

Axis Bank has cleared the debt of the companies sent for banking operation. Axis Bank has stated that it is owed in 8 out of 12 loans sent to the Company Law Tribunal and the bank has provisioned 50 percent of the cost for the loan. The total outstanding amount on these 8 companies is Rs 5071 crore. Out of this amount, only Rs. 212 crores are non-fund based. Axis Bank also said that there is provision of Rs. 2497 crores in lieu of debt on the total outstanding amount. Axis Bank's stock has seen strong growth in this news.
Read More