YesBank Buy Idea

Nov 19, 2019

Safe to add yesbank at or near trend line.
Big candle buying by Rakesh Jhunjhunwala is marked. Unlikely that Yesbank is ready to test it's lows unless bad news discovered so.

Nov 19, 2019

Trade active

Nov 21, 2019

Trade active

Still respecting trendline. Traders can shift SL to Buy price @ 62.20 in case trendline is broken. Depends on the trader's risk aversion.
Investors can hold until 60 and add more.

Nov 25, 2019

Note

Taking support at 62.5+ levels. Trendline broken but rising resistance. In sync with BankNifty.

Nov 27, 2019

Trade closed manually

Above trendline again. Book partial profts.
Can hold for Portfolio, bottom is made

Nov 28, 2019

Trade closed: target reached

Buys at 62.2
Sells at 70.2
12.86% Profit made
Entry point perfect. Never had to see red.
Holding 800 shares for Rana Kapoor's sake

Dec 4, 2019

Note

Downward journey.. JUST up until RJs trade low :)