We will look forward to an opportunity to go short once Yes Bank shows weakness at the sell zone marked.
PS: Wait for Yes Bank to reach the sell zone and we will go short only after it falls from the sell zone with SL above the swing high. Only aggressive traders can go short as soon as Yes Bank moves into the sell zone.
Note
Broke above the channel. But we didn't go short as we were waiting for a reversal signal on day chart. We will wait for a move below 200 from here before we go short.
Trade active
Note
Went short below 200
SL: 220 T1: 165 T2: 146
Trade active
Made a low of 173 so far. Conservative traders can maintain a save profit above 185
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