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im18ravi
Oct 3, 2021 1:58 PM

YESBANK 

YES BANKNSE

Description

As you can see, there is a good Bolinger Band formation in YESBANK with good volume and, at the same time, it has broken the downtrend. I believe YESBANK will now move in a Bolinger Band, so continue to average near 20MA (i.e. the middle band of the Bolinger Band is 20MA). After breaking the trend, the chart has also retested the support.
Please keep the lower band on a weekly timeframe as your stop-loss, and also keep trailing your SL.

Disclaimer: I personally hold YESBANK.

For education purposes only.
Not a SEBI registered broker.
Please ask your financial advisor before investing.

Comment

If YESBANK gives closing above 14.45 (sustains there 3-4 trading sessions) then we can expect a faster move.
Comments
aruneshdeep
ur target
im18ravi
@aruneshdeep, I'll suggest holding them for a minimum of 3-5 years. With target 150-180.
aruneshdeep
It not closed above 14.45 what I can do for Wednesday trade or further for hold or sell
udith
Great predictions bro. Check out my analysis too.
im18ravi
@udith, Sure bro!
im18ravi
I'll suggest to hold them for minimum 3-5 years. With target 150-180.
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