Search in ideas for "yes bank"
Yes Bank Ltd. - WEEKLY CHART!!Yes Bank Ltd. Anticipated weakness below 16 successfully visible in the chart. As of now the stock trading with complete negative trend and trying to test life time low. Technically 10.75 should consider as pivotal breakdown level, weakness below mentioned pivotal level can add fresh negative sense which can pressurized the price to test 7- 6 -5.65 on the own side. Their is no positive signal as of now, on the higher side 12-30 -15 - 19.30 (5MA) should consider as immediate strong resistances.
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YES Bank Ltd. - WEEKKLYYES Bank Ltd.
Price is clearly maintaining a down trend as per the weekly chart. there is no lucrative change found which can produce reversal.
The same support and resistance will remain intact for the present situation.
RSI is moving up from 40 level.
***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***
***TE BANDS ARE IN RED ZONE***
Breakout & sustainable trading above 32 can increase short term bullish sentiment.
Closing below 5 MA: 28 may increase short term weakness and breakdown below 27 can increase weakness further.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
YES Bank Ltd. - WWEKLYYES Bank Ltd.
Maintaining an underlying main downtrend, the price is showing a marginal positive bias.
RSI is moving up from 40 level.
***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***
***TE BANDS ARE IN RED ZONE***
Breakout & sustainable trading above 32 can increase short term bullish sentiment.
Closing below 5 MA: 28 may increase short term weakness and breakdown below 27 can increase weakness further.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
Yes Bank Ltd. - BEARISH TRENDYes Bank Ltd. - BEARISH TREND
There is no reversal witnessed and the price is
maintaining negative bias in the lower side of the downtrend.
Daily and weekly trading volatility has sqeezed which clearly shows that traders are not interested to enter for long positions yet.
31.60 - 20.25 zone can be considered as resistance and support respectively.
Breakout of this mentioned support and resistance zone can produce short term directional indication.
Yes Bank Ltd. - BEARISH TREND - WEEKLY VIEWYes Bank Ltd. - BEARISH TREND
There is no reversal witnessed and the price is
maintaining negative bias in the lower side of the downtrend.
Daily and weekly trading volatility has sqeezed which clearly shows that traders are not interested to enter for long positions yet.
31.60 - 20.25 zone can be considered as resistance and support respectively.
Breakout of this mentioned support and resistance zone can produce short term directional indication.
YES BANK - WEEKLY CHART - IS IT HEADING TO 120++YES BANK - WEEKLY CHART . I have marked red Line leading a arrow till 127 -130. Strong Resitance in 127-130 range. if it breaks then 250+ is long term target. But its a Strong resitance. For short period 127 (May be Jan/Feb/Mar). dotted lines are minor resistance if you are looking out to see till 127-130. Harmonics Reversal at Rs.100 for about 8-10 points. you can even sell at 100 and enter back if over all market is looking good. Even at 82 , you can sell and re enter at 70-73 . Just my View