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AkhilSuryaFS
Jun 18, 2019 8:57 AM

Yes Bank | Breaks down after consolidation 

YES BANKNSE

Description

Yes Bank breaks down after a brief consolidation. Bear trend still holds strong. 108 was a Bear Flag target in 4Hr chart (attached below for reference). Another possible Bear flag depth (also shown in the chart attached below) then indicated a target of 80. Considering the fresh break downwards the stock is expected to fall to 100 which is very critical. Below which 80 is the price Yes bank could fall to as suggested by Bear Flag formed earlier.

Comment

Earlier analysis in 4Hr chart
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