The markets ended the day on a flat note amid a choppy and a rangebound session on the F&O expiry day. The broader markets were relative outperformers. The cues were not very encouraging as most of the indices closed in red with moderate losses. Sensex closed down 71.27 points or 0.44% at 16015.56, and the Nifty up 1.40 points or 0.03% at 4830.25.

Sudarshan Sukhani of Technical Trends is positive on Yes Bank

This is how Sudarshan Sukhani views stocks on board:

On Yes Bank:

Yes Bank moved up from Rs 120 to Rs 190 and today it is down Rs 5. So anyone who is scalping for that Rs 5 decline is not going to make money but somebody who had the patience to ride the uptrend nobody knew it would reach Rs 190 but anyone with the patience to ride a trend is likely to make more money in the current circumstances.
 

Disclosures:

It is safe to assume that my clients & I may have an interest in the stocks/sectors discussed.