YES BANK ENTERED IN 2ND ZONE (BUYING ZONE)Yes bank has entered in 2nd zone or buying zone.
this analysis is simple Support and Resistance monthly analysis.
I just marked lines from 2020 to 2025 they are important high lows .
improtant high lows are 5, 10, 20, 24, 30, 32,
yes bank currently trading on 21 rs . according to my analysis nxt target could be 24 to 30 rs in this year.
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Symmetric Triangle Formation {Neutral: trade towards trend }...VIP Industries forming Symmetric triangle....
very soon we are going to see a breakout..
RSI is heading towards downward direction in daily charts...
And in weekly and monthly charts it is looking little overbought ...
May this scrip heads down for a correction....
I am neither bullish nor bearish...
Just waiting for the breakout candle and trade with that trend......
If this heads toward downward direction we can see 175 -180 levels...
Note: Do your own study before making any position...
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