YES BANK "Bearish Harmonic"Price has lead to the formation of bearish harmonic pattern.
SL-Close beyond X
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yes bank breakoutin 1 hour candle there is a breakout at 1532, support level-1511, there is no near resistance in 1 hour chart, so we can take our target price from 1 day chart and target is 1544, stoploss-1531 NSE:YESBANK
YesBank: Trade Against the TrendYes Bank should be on radar at this stage. Stock is in a short term uptrend. It is not yet confirmed if a new wave has started from 1401 or not. But what can be observed is that the price has been gyrating in a channel and is approaching the supply zone. One can look for a bearish setup in this zone and go short.
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Bravetotrade
YES BANK stock is looking good for a bounce
towards 1464/1473/1484
above yesterday's close
as long as the stock stays above 1434
Yes Bank Short for Day I am looking to sell on CMP or Sell on rise with stop of 1472 for Target of 1398
Regards
yes bank at crucial resistance.shorting oprtunity for yesbank intraday or swing trade..making triple top on 15 mint chart.
target-1400, sl-1460.
Yes Bank looking good for a dead cat bounceCmp 1444 stock after falling from its recent highs has taken support around 1385 zone ; Looks ready for a dead cat bounce upto 1500 Stop fir this trade can be placed at 1415. Both MACD RSI giving bullish signal.
YES BANKSL 1449, if it breaks this level then tgt on downside 1413. But if it respects 1450 , then tgt on upside 1500.
Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome.
YES Bank The Big circle in yellow where i spotted with yellow colour suggests It is price aberration. It is 10% upmove from 1451. and small circle in very light color indicates its price reaction to result announcement.if you go back to the chart september 2016, you can see the exuberance. price has rallied from and around 800 to 1451, you can see the volume spike and simultaneous price spike from 1390 to 1450 nearly 4% jump, next candle also opned up at the same price, boom it started selling off to 1159 nearly 20%.later price whiph sawed between 1300 range and finally made a low of 1100. 26% fall. for this fall it took 3 months. al All technical people might have clled this as consolidation, bullish flag and so on. Made souble bottom , perfect. And flight took off to the destination of exuberance 1451. see the price action over there traders!. Everyone must have watched for the pin bars and many have thought that,s it it consolidated in the horizontal price range for only 2 weeks. price took off, DId you notice down, no significant volume. price boomed up and made an high of 1629. I want to ask you all one question what do you notice < Is it indicators , trendlines, they will confuse a day trader. He will be stuck srtuck for the hell. Wait and watch for the price action. We will soon be back first to the exburence level while the big players are still over there and anext to the level of flag consolidation. Decide before buying. I want to follow those big players who will push the price down. All the traders who bought at theprice breakout 1451 will try to cover their buy position and book their losses. I want to be Short in this stock, after getting confirmation. 1595 is my stop.
YES BANK for Day TradeThe stock is moving downward trend , if Brakes 1419.50 Go short at 1418 Target 1410 SL 1425
R:R 1:1
Yes BankBuy with a stop of 1380, for a target of 1425. The stock has been in a good up-trend. RSI at bounce area.
YES BANK BIG CANDLE TRADINGYESBANK HAS BIG CANDLE FORMATION
SHORT BELOW 1383 WITH SL OF 1401
TARGET OF 1353
ENJOY
