yes bank - sell trade - RR RATIO 1:5 - QUANTITY - 50%
YES BANK is consolidating in triangle form...it may break the triangle ....but since it is near top line (supply zone) , we should take trade in sell side....risk to reward is also good...we have taken half quantity...because, it seems that...it will break triangle...so if breaks the triangle.. above 16.5 , it will turn into a buy trade..
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.