Multibagger/Penny Stocks.

 If we found a single stock in our entire investment career and got 1000% returns. The person will be a millionaire and the stock will be a multibagger  stock.  

Today our blog is on how we will find multibagger / undervalue stock?

For Wealth creation first thing in our mind is take time and make list of stocks which is undervalued or already corrected. This process will take time because this is the most important process. Secondly, check the fundamentals of the stock. Mostly, i used screener.com which is very helpful and you can check everything in this webside. 

Underlined all fundamental blocks inside the picture.

Third step is check the graph and underline all big resistance and supports. The graph will be shown in the video link. Graph is very important sometimes stock has different patterns or bearish/downside trend. Fourth step is to check financial. I know everyone is not belong to commerce background so better to see videos on how to check financial statement and balance sheet. In this process you need to check quater to quater and year to year financials. 

Further more, we will go to check compound sales growth and compound profit growth. These two are basically for medium to long term investment. According to me, if any company has  good COG & CPG for long term then the last but not least check the promoter holding. if holding is not pledged and promoter has a good reputation then you can find the intrinsic value of the stock make sure share price will be under the value of intrinsic value. 

Lastly, Just wait for the correction of market or stock and enter for long term to get healthy returns read more

Yes Bank Latest Blog. What is the Target of Yes Bank?

Yes bank in the list of India's top 5 big private ltd bank. In these days it is one of the mysteries stock for the investors who already stuck inside from upper level. After FPO of 15 thousand crore the bank has a good cash flow to survive in covid19 pandemic. 

What should investors do in future to secure their capital?

This is actually a big issue to investors and by the fundamentals of bank it will take time to go up. By the time Investors need to stay away from average till it will not cross the 1st herbal @17-18 rs. After crossing 17-18 rs share price will shoot up on the level of 22-25. The time frame for the investors in this stock will be 6 month to 1 year or more. Particularly this stock will not for the short term investment. Invest for long term time frame only. In the time frame of 2-5 year this stock will be 100+ may go upto 200. 

Who is the Promoter of Yes Bank?

The Promotor Holding is Zero in Yes Bank. One of the big share holder in Yes Bank is Sbi with 30% stake holding and many more companies already invested in this stock by FPO so don't afraid till govt is supporting. Recent credit rating given by ICRA on 11 September 2020.  

At the time Yes Bank is Bullish and we can see the upper circuit on the share.

What will be the support and resistance in Yes Bank?

There are few supports and resistances in Yes Bank. When yes bank was falling from 26 to 11 rs. Yes Bank taken first support on 25 rs it was broken with high volume and then yes bank fall freely till 18rs. On that stage yes bank taken support on 18 rs once and try to pull back but retail investors were panic on that time and again result was same broken support and trade on 14-15 rs. FPO was good for bank liquidity but retail investors loosed faith on this share and continued selling and final fall was upto 11 rs. On that time each and every person judging yes bank and estimating price will fall in a single digit. Yes Bank didn’t fall below 11 rs because that situation was not because of bad news or by any frauds. The situation was genuine FPO was launched on 50% discounts that was the big reason of falling share price.

Now we talk about resistance in yes bank share. At the moment yes bank is trading in between 14-15 rs. First big resistance is on 17-18 rs. Which weren’t cracked by yes bank last month due to profit booking in stock on that situation. This time if yes bank will get passed 18 rs, the very first target will be 21 rs and second target will be 25 rs.