YesBank: Trade Against the Trend

94 0
Yes Bank should be on radar at this stage. Stock is in a short term uptrend. It is not yet confirmed if a new wave has started from 1401 or not. But what can be observed is that the price has been gyrating in a channel and is approaching the supply zone . One can look for a bearish setup in this zone and go short.

Hit like if this analysis is informative. Comments are welcomed.
Trade safe.

Best Regards
Jul 13
Jul 13
Comment: 5th still has more juice. As of now channel short setup seems failed.
This wave has been radiating the probability of a fresh wave starting from 1401.
Jul 14
Order cancelled: Short setup failed. Look for longs only.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out