Yes, YesBank is trading @270 nearby that was made high 273.6 which stronger previous resistance.
I don't know buyers will lose control until targets 277.5. : This statement is true, then it will not break 268 also and will continue to move upward.
Don't ignore the R 274.1.
This footprint for a trader, who really like to trade on YESBANK.
Below chart has more...
bank nifty forms doji in the daily chart. we may see a gap down opening tomorrow. and then followed by some up momentum towards 30014 level. If it breached closing will be upward if not it will crash downside. trade with caution it is expiry day.
Dear All Members at Tradingview ,
Yes Bank seems to be weak on Daily Chart ; Keep An Eye on it .
Entry : Below 250 Rs.
SL : 258 Rs. (CLBS)
Targets : 244-236-222 Rs.
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Breakdown was Already Expected
From High 526 Now Low 494
still expecting fall till 486-478-465
Disclaimer: All the Recommendation/View Given in Arrowmoney are only for internal study purpose. Consult your financial adviser before making any investment decision.
Weekly trendline resistance shows Bank Nifty cannot surpass these levels and will retrace FIB. levels.
Weekly expiry sets off tommorow, so book your profits today and enter short positions tommorow morning as there will a gap up opening
28200-28340 will act as support areas.
As per my understanding bank nifty will show downtrend if not able to sustain above 27720...My overall view is negative in case if it can sustain above 27680 to 27660 next week on closing basis we may see 28000++
YES BANK NSE : YESBANK : Monthly Analysis : Long | Short | Level
Important levels for Yes bank
Upper side :
230 , 270 , 295 , 305 , 330 , 380 , new 52 week high
Lower side :
215 , 180 , 155 , new 52 week low