sankarghatak

YESBBANK Reversal Signals in Techno-Funda Data

Long
NSE:YESBANK   YES BANK
3
YESBBANK Reversal Signals in Techno-Funda Data.
In Harmonic Pattern: Bullish SHARK.
Pattern Confirms If made a LOW in between @ 1439.50 to @ 1431.
Major Technical Indicators: OVERSOLD.
In Hourly Chart Positive Divergence Seen in RSI, W%R & CCI.
Div. Type Start Candle Closing Price Indicator Value End Candle Closing Price Indicator Value
RSI 17/05/2017 12:00 1455 23.09 17/05/2017 15:00 1454.75 27.28
W%R 17/05/2017 12:00 1455 -96.77 17/05/2017 15:00 1454.75 -92.44
CCI 17/05/2017 12:00 1455 -168.3 17/05/2017 15:00 1454.75 -119.65

Fundamentally:
TTM PE (X) TTM Sector PE(X) OPM Sec. OPM Net Profit Var (03/2017)
20.33 26.44 76.1 66.25 30

Conclusion: LONG for Decent Upside TGT
BEST LONG @ 1440- (Aggressive as Per Risk Appetite)
TGTs (Intra): @ 1468.7, @ 1472.8 - @ 1477 (strong), @ 1484+
TGTs (Positional): @ 1495.7, @ 1506.6, @1536+

SL: @ 1422- (By Closing) OR @ 1410, Which Comes FIRST.


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