YESBANK weekly chart study - Broadening right angles triangle with sliding parallels.
Comment:
Expecting 150 soon
Comment:
Was expecting Yes bank to make 150 as on 26th Nov when it was trading at 190+.
150 done on 29th Nov. Didn't expect it would fall so much so quickly however. Excuse me for the late update.
It took a bounce at the trendline by making a low of 146.75. Any move below 130 could trigger a sharp fall towards 100-70
150 done on 29th Nov. Didn't expect it would fall so much so quickly however. Excuse me for the late update.
It took a bounce at the trendline by making a low of 146.75. Any move below 130 could trigger a sharp fall towards 100-70
Comment:
Yes bank taking support t the channel bottom
Comment:
.
Yes bank taking support at the channel bottom. It could be a bounce or break for Yes bank from here.
Yes bank taking support at the channel bottom. It could be a bounce or break for Yes bank from here.
Trade active:
.
Currently YESBANK is taking support at the channel bottom.
One can initiate a TINY position at CMP 163+ with a strict SL of 138.
Targets: Open
Its a RISKY COUNTER TREND TRADE. Recommend buying very small qty
Currently YESBANK is taking support at the channel bottom.
One can initiate a TINY position at CMP 163+ with a strict SL of 138.
Targets: Open
Its a RISKY COUNTER TREND TRADE. Recommend buying very small qty
Trade closed: stop reached:
SL of 138 triggered.
Had recommend buying very small qty as it was a risky countertrend trade
Had recommend buying very small qty as it was a risky countertrend trade