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NeeteshJain

Yesbank losing strength

Short
YES BANK (NSE:YESBANK)  
NeeteshJain Updated   
NSE:YESBANK   YES BANK
yesbank BANKNIFTY Support and Resistance
12
5
yesbank banknifty supportandresistance
It is been observed on the hourly chart that the price action fails to close above crucial resistance levels of 1220 and now it shall further dip down to cover previous gap of 1188.

Target: 1190

Stoploss: 1220
Comment:
Yesbank breaks resistance, shall further move up.
Trade closed: stop reached
Comment:
It still failed to close above resistance. Regards
Trade closed: target reached:
Today, Target reached as it was looking weak. Regards

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