YES BANK - TO 118, BEFORE THAT....HOUR CHART HAS GIVEN A SELL SIGNAL AND THE PRICE IS IN THE BEARISH TERRITORY.
THE STOCK IS IN THE DOWNWARD CHANNEL.
THE STOCK MAY GO DOWN TO 106 - 104 LEVELS.
ALSO, THE DIFFERENCE BETWEEN BULLISH & BEARISH AREAS IS VERY SMALL.
ANY WAY, STOCK IS POISED TO MOVE UP TO 118 (INDICATED BY THE CLOUD TWIST).
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YES BANK - 3 BLACK CROWS APPEARANCE??MONTHLY CHART DEPICTS THREE BLACK CROWS FORMATION.
LET US WISH THAT JUNE QUARTER RESULTS & NEW INVESTMENTS MAKE A REVERSAL OF PRICE TO 175.
CHARTS IN DAY SHOW SLOWING DOWN OF THE PRICE FALL.
MAY BE THE SHARE PRICE REACH 100 AGAIN AND FORM DOUBLE BOTTOM AGAIN.
ALL THE BEST FOR LONG!!
Yes bank analysisShort at the mentioned level for said target and sl. And please, just because i have mentioned short at 275 level doesn't mean you will go long from here till 275. Why? because of alternate counts, which I am not posting. Go long if and only if you can manage your trade and know what are you doing.
Thank you.
YESBANK waiting to breakout of a rangeYES BANK closed at Rs. 115.80 on Monday (NSE, 17/06/2019). For the past few trading sessions, it followed a triangle like pattern.
It is waiting for breakout or breakdown from a range.
The opening of SGX Nifty today is positive. There are lot of chances for gap up opening and it can reach the defined target within few trading sessions.
In case of a breakdown from the support line, the target can be found from the graph for both side moves.
Breakout: Target Rs. 117.80
Breakdown: Target: Rs. 104
YES BANK - INTERESTING MOVESINTERESTING TRADING SCENARIO IS EMERGING!
THE SCRIP "SEEMS" UNABLE TO MOVE BEYOND 157.
IF IT CROSSES 157 THEN 166 / 169 AND 172 ARE THE LIMITS HIGHER SIDE.
IT IS AT SUPPORT @146.
IF IT BREACHES THIS LVL, THEN EXPECT 130 AGAIN.
WHICH DIRECTION WILL IT TAKE?
MONEY FLOW IS NOT GIVING IDEA.
MY IDEA IS BUY AT LOWER LEVELS FOR FUTURE TARGETS OF 175 & 190.
YES BANK CMP 157 BUY ABOVE 180 FOR NONSTOP TARGET 275++#YESBANK CMP 157 BUY ABOVE PRICE 180 FOR NONSTOP TARGET 275++
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