abhinavn2
Long

The buls eye.

NSE:YESBANK   YES BANK
The price can shoot like an arrow for bulls eye.
Yesbank Double Cypher pattern , Targets and stoploss on chart.
Keep a check on bank nifty levels , may retest the entry levels but double bullish cypher will play it's role.
Stoploss on closing basis, only short term targets mentioned, it may go far beyond after a bit retracment.
May retest 300 levels before shooting up.

Comments

Hi
Do you think it can reach near 380 this month (before expiry)
Regards
Reply
abhinavn2 panjatta
@panjatta, Hello Panjatta, Cypher pattern generates a good move for sure, Just a look at nifty and niftybank they dont support the bulls for now, so 380 can be but I would aim for 350 for month end if price bounces from 300 else 300 and below may show a bit resistance and it would add a week or so I think.
Reply
hi You have posted correctly , its almost same as per my view , look for topping out near 356/361 which is almost equal to your views , Market is really a Good teacher , what we can do is try to understand what teacher is trying to teach us every day ,
Regards
Money Rain
Reply
abhinavn2 I-Fund-Trader
@MoneyRain, Yeah, Lets see if we get rewarded.
Reply
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