Greetings Folks,
today I have prepared a setup of YESBANK on NSE
the analysis is as follows-
- the price is on a roll right now, making good structure along with new higher highs
- the market was slow today, hoping for a retracement for the price to gear up for the next bullish leg
- it CAN retrace deeper than the zone depicted in the chart if index opens negative tomorrow
don't play with fire, always use a predefined stoploss
today I have prepared a setup of YESBANK on NSE
the analysis is as follows-
- the price is on a roll right now, making good structure along with new higher highs
- the market was slow today, hoping for a retracement for the price to gear up for the next bullish leg
- it CAN retrace deeper than the zone depicted in the chart if index opens negative tomorrow
don't play with fire, always use a predefined stoploss
Trade closed: target reached:
great move