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Bravetotrade
Dec 9, 2018 6:19 AM

Yes Bank: VSA and other Factors Education

YES BANKNSE

Description

Notes on the chart.
Do hit like for better posts in future.

Regards
Bravetotrade

Comment

Flying nicely with good momentum.

Comment

Stock may face resistance near 193-194.
Other levels would be the psychological 200 and the 204 level.

Comment

Safe exit near 197.
Comments
ArunarajSendurpandi
Many of you must be surprised on reading this name in the list. Well, I just love this stock. According to me all the negative news has already been out in the market and the stock has reacted to all of it. This is company's result has not been bad even due to the negatives impacting it. The stock is available at a very good valuation. It is not the first time that company is going to change it's CEO. It is quite a cyclical process which keeps on repeating itself. The stock is available at a very good valuation after all the negatives and market correction. I believe that it can double your money in an year.
Bravetotrade
@ArunarajSendurpandi, Thanks for the information.
ArunarajSendurpandi
This stock not Fall because of perfamance. Fall because of negative news and leadership change Tomarrow board going to recommend kapoor as a
chairman so this stock going to rock 13 th onwards so i recommend to buy this. price plus or minus 5
Bravetotrade
@ArunarajSendurpandi, thanks for sharing.
vanathi
Its rare to see good educational posts. Thank you for the post.
Bravetotrade
@vanathi, Thanks for the much awaited rare comment :)
sampal3777
hey, yes bank is at golden ratio, indicator showing divergence and strong weekly support is around 120 so we can see a reversal from weekly support.what u think ?
Bravetotrade
@sampal3777, That's what I mentioned in this post. Might be a short term bottom, as of now. It just have hold the A point.
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