TradersVenue

Buy YesBank positional

NSE:YESBANK   YES BANK
As per charts it strongly bearish . 132-128 is strong support zone and is unlikely to be broken. Its beaten down and risk to reward ratio at current stage is very good. People having short-mid term view can add it to their portfolio with protection or sell 130 PE at 7 rupee premium where breakeven goes upto 123.
Comment: Comment: Comment: Disclaimer: Objective of this post is to educate and help all members earn profit from trading. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE/BSE/MCX market basis above recommendations. All the stock picks are momentum picks chosen using technical indicators and for education purpose only. I am not responsible for profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades or trade at your own risk.
Comment: Stock made bottom of 132.45 and bounced back. Daily charts is giving bullish crossover. Stock trading above 5/9 days exponential moving average. Stock has given a breakout above 146 level which was acting as crucial resistance. Trading above this will open the window for a good upmove.
Comment: Was worst ever decision. However in the telegram I had updated to exit near 152 when it fell again. Was not active in tradingview and forgot to update. Sorry for delayed update. For immediate and live updates you can follow me on

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