Bitrageur

YES BANK - Bullish div on OBV - long setup

Long
Bitrageur Updated   
NSE:YESBANK   YES BANK
Spotted a bullish OBV Divergence for YES BANK , already in a steady uptrend above EMA 90.
Looking to fill the gap down move , if not rejected
Comment:
Price made a move up to 18.45 and got rejected. Still holding above 90 day EMA. Original trade idea is no longer valid. But for anyone holding , no need to worry as long as 16 is support. Might take another couple of 1-2 months before we can reach 19.65 target
Trade closed manually

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