Future Retail heartbreaking chart ***Future Retail at All time low around 3.75 ruppes.
*** It is falling from ATH 575 to 3.75 ( almost 99.5% fall)
*** It seems like an another yes bank
***As per price Action, when the price reach around negligiable , there is no hope for for comeback.
*** There are many investors (mostly retailers) stuck in this script ( some near the ATH, some in mid ).
*** RIP all those investors no....all those retail investor
*** Always set a stop loss for any either long term investment or trading.
*** Stop loss saves you from going to bankrupt (always) so that you can come back .
*** This is from my side , a different post (just for learning)
*** Hope you all will learn a new lesson ie. STOP LOSS
Happy Trading!
Search in ideas for "yes bank"
bank nifty breaking news (alert)as per my analyses and my 6th sense yes bank will surly tie up with kotak bank and all banking segments are doing great it will be a bull for 18/4/2033
Yes - Ready for take off ?Will yes bank give breakout ?
less likely with what is happening in Banking sector but cannot be ruled out .
Darling - Break out Bank NiftyHi Guys.
COnsistently bank nifty and nifty r in uptrends. Nifty Pe ratio high. But FIIS making nifty to 11500. If nifty moves yes, bank to hope so...Tomorrow Bank Nifty can reach New high 22544/- Charts are purely for educational purpose Only.
Regards
AKS Dubai
SBI - Box viewRecently in the news for having to take over Yes bank which will be a long drawn out bailout.
My PSU Bank pick which id like to be picking around 160 levels downwards until maybe 145.
Would buy this in a different way. Only 10% allocation around 160 (if the price ever reaches there) and more aggressive lower than that.
Has many assets which its owns like SBI life & SBI Card where it can raise money.
The mistrust with banks closing will also mean additional deposits which will help this bank in the long run. So look to be greedy if there is a deep cut towards the bottom of the box. (145-150 levels)
YES - Activity seems to have started!!Inverted H&S pattern in YES Bank.
Crossing above 72.8 shall see the share price going to 84 / 95 and 117 at the highest.
Wait for the trading above this limit.
BANKNIFTY for 6th SeptemberPlease read this post along with my post on Nifty to get complete picture. Yesterday I wrote BNF pulled NIfty up and today it seemed BNF just didn't allow NIfty to go up. If one watches 5 min chart, this becomes clear. Forgot to write this piece of observation when I was writing about Nifty- If you see 5 top gainers you have Tata Motors, Coal India, ONGC, BPCL & YES Bank- shares that normally are accustomed to fall. And if you look at top 5 losers, you have HDFC, India Bull housing fin., ICICI Bank, TCS & Kotak Bank- solidly managed companies (except Ibull housing.) which you see among gainers! so what do you conclude- that whatever today's rise was it was due to some teporary injection and would soon fizzle out.
Option chain data on BNF is not very clear and conclusive. One thing is certain- at 27000 strike, both Call and Put writers are equally active. We might get some clarity tomorow.
On charts, BNF ended as a red candle with lowe high but higher low. This points to consolidation but since BNF rose very well yesterday, it can be understood that to day's fall has arrested the rise and can very well go down from here. The selling area is marked on chart.
All the best. Happy trading
YES (Say YES as per the price movement direction)There are two options being presented by YES BANK.
Both the price levels in either direction is identified on the charts.
Weekly charts indicate weekness is my observation.
Ewaves and Echannels from Rs 44 to the current priceAnalyzing the wave frm Rs 44 to present price of Rs 340
1. Since the lowest to highest price ratio is more than 3:1 log scale should be used to analyze any chart . But in case of yes bank log scale does not seem to work . Now think why ?
2. Taking the weekly chart.
3. The guideline of channelling will be explored deeper .
4. Remember that wave 1 and 2 formed in Yes Bank is only one type of formation . There are many kinds of wave 1 and 2 formation . We are exploring the one which happens in large cap stocks .
5. Base channel : Join the start of wave 1 and the end of wave 2 and make a parallel channel from the end of wave 1 . The top channel line, If the wave is normal it will give u the end of wave 4 !!!! Wave 4 will end at the top of the channel line or just briefly enter it . In this case wave A of the wave 4 triangle signals the price correction. Rest is time correction. Wave 4 is most probably a triangle Because of alteration and we normally find triangles in wave 4 position . Strategy buy Yes Bank every time it touches the upper channel line. Its the Red Channel
6. Every impulse wave must fall into an Elliott channel . If there are no extended waves then it should fall inside the base channel. It there is wave extension the base channel will be broken . The extended wave should also fall in a channel which is drawn by connecting waves 2 and 4 and drawning a parallel from the top of wave 1 or 3 to give the end of wave 5 . Your count is incorrect if channelling is not harmonious. See the black channel for 1 and 3 (extended) and Mangenta channel for the entire wave frm Rs 44.
LONG YES BANKThis is the price investors are not going to see in future, Buy as much as u can as this level,
1. Select a pivot and take a look at the same, technicals are giving a strong buy signal
2. Brokerage houses are very bullish, growth recovery is better than any other private banks (lesser NPAs and higher loan-to-growth figures)
3. The bad results were posted because of RBI (Basel 3 requirements lead to higher divergence - very short term)
Suggestion:
1. Long term target is 400+
2. Short term target is 360+, we must see 360+ before year end.
Breakouts: High Potential Returns It is been observed that some stocks mentioned below having great breakouts from pattern formation on daily chart indicating a high potential returns opportunity in the coming week. Buyers are in control and will take up prices quickly from here on.
Bharti Airtel: Target-380, 400 SL- 350
BEL: Target -1700 SL 1500
Yes Bank: T1- 1550 SL- 1440
HERO: T1- 3450 SL- 3250
Have a great trading week ahead,
Happy Holi,
Regards
Descending Triangle on Yes Bank - SHORTDescending Triangle formation.
Trade:
Short below - 1178
Target - 1163
Stop Loss - 1189
Reward Points - 15
Risk Points - 11
Zaggle Prepaid Ocean Services LtdZaggle builds world-class financial solutions and products to manage the business expenses of corporates, SMEs, & Startups through automated and innovative workflows
Zaggle builds financial solutions and products to manage the business expenses of corporates, SMEs, & Startups through automated and innovative workflows.
Headquartered at Hyderabad , it is at an intersection of of SaaS (Software as a service) and Fintech. With 273+ employees, the company has 50 Mn+ co-branded prepaid cards.
Products
Zaggle Zoyer: accounts management services
Zaggle Save: Help employees save tax with Save’s flexible employee benefit plans
Zaggle Propel: all-in-one solution for employee rewards, and channel partner incentives.
Offers a combination of payment instruments, mobile application and API integrations through VISA cards, mobile app, partners and dashboard.
New Launch Q1FY24
In Q1FY24, Zaggle introduced corporate credit cards and vendor management platform – Zoyer. Also, their customer base expanded and cross-selling initiatives were taken up.
New Contracts
In Q1FY24, company entered into contract with BOB Financial Solutions Limited for implementing commercial card Onboarding & value-added services platform and launch of the Zaggle Yes Bank Corporate Credit Card, powered by Zaggle Zatix – a spend analytics platform that allows corporates to streamline
business and employee expenses, budget better and negotiate favorable supplier terms.
Corporate collaborations
The company has an esteemed list of corporates like Tata capital, Inox, NSDL, DBMS, Wockhardt, Yes Bank, Greenply etc.
Agreement with VISA
In Oct,23, company has entered into a growth agreement with VISA. This alliance is in support of the issuance of Forex CoBrand Cards. Visa will pay the launch bonus for supporting the launch of Forex Cobrand Cards. and will also pay incentives on Forex transactions basis spend commitments. Zaggle can leverage existing Corporate base
to sell forex cards to employees of the Corporate client, and it can be tightly coupled with Zaggle expense management solution.
The deal size is ~$20 Mn for next 5 years.
bandhan 150 levels ????see the chart formation happening.
i wont be surprised that bandhan meets the same fate as pnb and yes bank.
covid scenario and unsecured loans may badly bring down the counter in near term.
stay very cautios while investing here
Change in market structure.Get Longseems like yes bank is also feeling left out in this post covid rally which is scaling market's to new high.
So most of the investor/swing trader must have this stock in their portfolio.And most of them would have even average it.None the less coming days might bring good news for the people holding this stock.
As after today's price action stock has clearly made two higher low's along with one higher high.price even managed to break down trend line from the top of December 20.
From here it's difficult to understand what could possibly go wrong in this stock as many big bank/institution have invested in this stock @10-12 rs price.
Although not much is going on in terms of fundamentals and even on technical front price do need to cross and close above 19.50 on monthly chart in order to get final confirmation regarding complete change of trend but then every big journey start's with small steps and hence one should look to allocate at least 3% of there portfolio in this stock as risk reward is good from current price.
look's good @cmp of 15.05 for initiating long's with a stop-loss of 12.30(on daily closing basis) on the down side and target of 19.50 and 45.50.Seems little outrageous but it is possible considering the amount of fall that we have seen in the stock.
PS:could very well be trade of life time for someone like me who has missed so many opportunities in this market to multiply it's investment.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
YesBank- Is there a Possibility Of a Skyfall?
The Yes bank is currently moving sideways by taking the support of 50% retracement of Fibonacci. ADX is less than 25 , which indicates a fall, but +DI is above -DI means uptrend. I have applied the moving average, which shows the fall, too.
If the trend falls and crosses 17.60 , then the targets are following 17.30 - 17.00 - 16.70 - 15.40 . And if yes bank breaks the 50% level upside and breaks 19.00 , then the target will be 19.30 - 19.50 - 19.90 - 21.75 . Otherwise, it continues to move sideways.
A big meal getting cooked here! YES bank!Targets on chart..
against popular belief that this bank gonna shut.. this one's gonna do wonders if bought at this price! seeing a unique formation here.. #springsetup
JULY MONTH ALL OUR PROFIT AND LOSS REPORTDATE STOCK BUY PRICE TARGET STOPLOSS OUR SELL LEVEL TOTAL POINT
3.7.20 SPANDANA SPHOOR 559 590 523 590 31
3.7.20 BLUE DART EXPRESS 2025 2061 1983 2061 36
6.7.20 VOLTAS 561 575 542 575 14
6.7.20 PVR 1044 1098 982 1098 54
6.7.20 GULF OIL 583 625 563 625 42
6.7.20 YES BANK 26.85 28.4 25.35 25.35 -1.5
7.7.20 RELAXO FOOTWARE 659 686 638 638 -21
7.7.20 PHONEIXMILLS 592 609 570 609 17
8.7.20 BAJAJ FIN 3300 3500 3500 200
9.7.20 BLUE DART EXPRESS 2014 2050 1980 1980 -34
14.7.20 HDFC 1814 1861 1757 1757 -57
16.7.20 BPCL 376 386 366 386 10
16.7.20 ZEE ENT 162 173 147 173 11
16.7.20 CERA SANITARY 2250 2325 2188 2325 75
16.7.20 MAS FIN 680 714 649 695 15
17.7.20 ICICI BANK 358 373 340 373 15
24.7.20 NESCO 460 550 550 90
Nifty Outlook for Tuesday, 11th August | 50x InvestmentsNifty - Technical Analysis:
Nifty formed a double top pattern in hourly charts and 10880 will now act as a strong support which, if breached, can lead to a further correction in the index.
On 15 minute charts, Nifty gave a failed breakout out of the 11100-11300 range and also the upward channel.
Market - Driving Factors:
All sectoral indices ended in the green today with Nifty Pharma leading the pack after it ended 5.37% in the green. The new US FDA directory which urges Americans to use locally manufactured medicines might not have a big impact on Indian Pharma companies.
Prestige Estates rose over 8% today on news that blackstone will acquire the commercial real estate assets of the company.
Yes Bank once again hit the upper circuit and ended 5% up. One would've made an 18% return in 2 weeks if they has subscribed to the Yes Bank FPO and held the shares till today.
Nifty - Outlook for Tuesday, 11th August:
Titan just announced its Q1 earnings and the company posted a loss of 270 crore rupees which was worse than what analysts had expected. This might weigh on the stock tomorrow.
ADX shows no strength of momentum on either side indicating that markets might consolidate for a while before giving a breakout in either direction. So one should avoid large directional bets on weekly options which expire this Thursday.
