Description
⋅ YESBANK post recent crash is at Monthly demand zone
RSI is Oversold at 17
Delivery of 11 Crore happened on 21st Sep i.e. 39.5 % of total traded qty
It could be a good Risk reward ratio bet for long term
Buy at CMP i.e. 226
SL 199
Target 274
and close above 290 then 313.8
and close above 330 then 349.4 and 359.1
it will for sure test the patience
Trade active
⋅ closed today at 226 , SL intact
Trade active
⋅ Broke our SL and then back quickly above 199.
Now 159 will be the SL for longs
Risky bet though so take your own discretion
Trade active
⋅ From 200 levels to 237..nicely going.
Keep trailing your stop loss so that we dont loose the winning position