mon23

YES Bank reversal

Short
NSE:YESBANK   YES BANK
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3
YES bank was not able to close above the 1390 levels and opend below as what i feel is its Resistance at 1390. 40 , I am going short an Yes Bank at 1376.50 with an immediate target of 1349.81, if it trades below that level keep ultimate target of 1300. Stoploss for this trade is at 1410.

Comments

Not the best time to short anything
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mon23 Basty
@Basty, thank you for your views sir, ill make sure i keep a slightly tighter SL.
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Basty mon23
@mon23, it could be a great shorting opportunity at 1450 if at all it reaches there
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