As discussed last week , when everybody saying out loud to short YES BANK, that's when the time is to introspect.
After sharp selling last week , accumulation can be seen this week on good volume and today has formed an engulfing pattern on 2015 support levels . Can buy above 173 and stop loss of 156 for target of 218 in coming 2 -3 months .
Follow me on @piyushrawtani for live trading updates and market related stuff = )
After sharp selling last week , accumulation can be seen this week on good volume and today has formed an engulfing pattern on 2015 support levels . Can buy above 173 and stop loss of 156 for target of 218 in coming 2 -3 months .
Follow me on @piyushrawtani for live trading updates and market related stuff = )
Trade closed: stop reached:
Bleeding .. Next destination 125 .