Changing visions about yes bank

• We have already written and given a vision on fortune of yes bank on July 18.Now I would like to thank moodie for upgrading  yes bank on the same ground what I have mentioned.When yes bank was in crisis, group of banks specially SBI came out and invested big money in the bank and gave lifeline to yes bank.After sometimes yes bank showed confidence and took a very big & bold step and launched a very big fpo of 15000 crores and it was almost fully subscribed. This successful event is the solid foundation for changing the fortune of yes bank.It was firstly  banks and then investors who were main instruments behind the success story,if it happens, of yes bank. It is also appreciable the way this crisis was resolved.

Gold to set new targets for Equity Market

At present the price of gold is running very fast and is in the process of making highest point in this cycle of run. It will take time to reach at the highest point.After that it will consolidate for longtime with negative bias.That will be the  time when equity market start to pick up and try to set new highs and highs. First it will break  record high which has made earlier and after that new highs and highs for a longtime until its cycle completes.It has been observed that it is gold that navigates the coming prices for equity market. If gold price is to be set anywhere between 53000 to 60000 or beyond this limit that will be the new target for equity market. Equity market will gradually follow the target set buy gold and after sometimes it will go beyond that point and remain will be in bull run for a long period. It will make many highs during this period . Cycle of gold and equity market goes in this way. For illustration If highest price of gold is to be set at 60000 per 10 gram , in 3- 4 years equity market sensex will cross this point