Greetings Folks,
today I have prepared a setup of YESBANK on NSE
the analysis is as follows-
-the price recently broke out of a series of equal highs
- we are now waiting for a suitable retracement for the trade
- 2 possible support zones, first one is weak and unreliable but it can work out because the stock is accompanied with good volume
- the latter support zone is safer and new traders should use this zone
don't play with fire, always use a predefined stoploss
today I have prepared a setup of YESBANK on NSE
the analysis is as follows-
-the price recently broke out of a series of equal highs
- we are now waiting for a suitable retracement for the trade
- 2 possible support zones, first one is weak and unreliable but it can work out because the stock is accompanied with good volume
- the latter support zone is safer and new traders should use this zone
don't play with fire, always use a predefined stoploss
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.