Yes Bank: An end of a years long wait.So here is the story of a stock that would have made me a millionaire 4 years back(but I am still a common man that's another story for another day).
Yes Bank is now getting charged and is perfectly in shape as per its monthly chart and as I see many stocks did in history once it broke out after long consolidation and after that if they continue the rally with the Bollinger band and continue to rise in same direction.
it can give multi-bagger returns too.
IMO, if YES BANK closes above 22.25 in the Monthly candle . it can go up to 37-40 range in the next 2-3 months.
it is a very good risk to reward trade.
Note: if anyone wants to take this please do your own research first. this is not any recommendation.
Search in ideas for "yes bank"
YES Bank: Price Action Analysis & Trading TipsIs Yes Bank Making A New Low?
The YES Bank stock has started falling for a long period. If it breaks the consolidation area, it will keep collapsing, and we may see 10 - 9.60 levels soon. It's under that range from the last 17 days.
But according to price action analysis, it will try to jump up to make a new LH. It can be nearby the 12.15 - 13.5 range. Safe investors can start selling nearby dynamic LH with the stop loss above the hurdle line.
Further information I will update you soon.
YES BANK "DOWN TO DUST"...IS THIS THE RIGHT TIME TO ACCUMULATE!!
Yes Bank being a stock which created wealth for its investors which went straight up from as low as Rs 8.10 to Rs 404 in mere 9 yrs and 4 months went for a toss in Sep 18
This stock HOLDING the title of a "Biggest wealth destroyer of the decade" in Nifty 50 list
Lets see was there anything which could have saved investors who got trapped and even averaged Yes Bank at lower levels
WARNING signs were well in advance visible on chart ie 03 Sep 18 about its internal issues
Distribution Phase started 1 year period period to its downfall (ie Jul 17 to Aug 18) its a phase were promoters were exiting in big chunk
Time Cycle- Sep 18(24 Bar, 732d)
03 Sep 18 price broke its multi-year trend line support with heavy volume and a “Fall of Yes Bank” started
If these TA signs were not ignored, investors must have saved a lot on YES Bank
Comment for further analysis if required
A clear example of “Down to Dust”
Thats why I always insist "Always Respect Risk"
Happy Trading
Jai Hind
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Time to say YES to YES BANK?YES BANK: The stock has been in news after RJ’s activity in the stock. On the charts we can see a rounding bottom formation on going on the daily chart which is yet to breakout. The RSI though has changed its nature and has move above 60 and now bouncing on it. Once a breakout is registered the stock is expected to rally and move ahead to 95 and even 133 going ahead. A failed breakout will have a coiling effect and the stock may further start to plummet to the lows. . Our “ProRSI moblile trading application has been launched on Play Store and IOS, get high probability trading ideas in equities, futures and options. Download Now.
YES BANK: Neither BUY nor SELL. Just Stay away from this stockNSE:YESBANK
As per 5 year chart view, Yes bank has been pulled down from 400 level to 100 Level. Approx 75% of the price has decreased in past 1 year. Many people will be buying in dips in the hope that it will rise 1 day. But if the stock is fundamentally and technically good stock. Then, you can buy in dips. But Yes bank is weak in both fundamental and technical. I can see its next stopping in 80 zone which is mentioned in chart. If it Breaks 70 level. Then next level of rest will be 50.
A Bank which 50% of the price is decreased in 1 and half months (20 Aug to 24 Sep 2018). Then think how much weak is that stock.
@ Yes Bank holders think realistically and take decision.
@ New Traders who are thinking to invest in this stock - Stay Away.
Think, Research and analyse on your own before taking any decision :)
Yes Bank - consider above 18.20
Yes Bank - NO Bank- Yes Bank. Can be considered for minimum 25% return from here.
I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses. Just for educational purposes.
Let you grow. May! I follow you.
"YES BANK" IS IT A MULTI BAGGER??? LONG TERM ELLIOT FORECAST.Analysis based on technical parameters(No Noise)
Lazy Day...
Yes Bank - I will avoid going onto the fundamental aspects, Not my forte...However with the recent revival efforts and upgradation and mega outreach by the banking staff...encouraged and motivated me to have a look on the chart (long term)...to my utter surprise...this banking stock have full potential to become a Multi bagger stock in times to come...the elliot labels as marked with tgt and time...with this it is compelling me to have it in my portfolio....Th structure fulfilling all criteria of a (3-3-5) structure wherein the 5 legged structure is likely to commence...Please don't expect it will be tomorrow, it is only only for long term horizon...
Assimilation only for educational purpose...
Trade as per own risk assessment
Yes Bank: Contra callAlright then, first of all, WARNING: Only for risky traders.
Yes Bank as seen had created a gap on hourly charts. Now it has successfully retraced and almost filled the gaps as well.
If a risk can be taken, go long from here. Technically the chart shows a breakout and up trend. Trade with stop loss according to risk appetite.
Fundamentally, the management change has been a great win-win for the stock. They are also trying to increase their income from credit card operations.
Like and follow.
NSE:YESBANK
YES BANK - AN HYPOTHETICAL IDEATHIS IS POSTED AS A LOT OF SMALL INVESTORS ARE HOLDING WITH BELIEF. AN IDEA IS BEING THROWN DEPENDING UPON THE SERIES OF EVENTS TAKING PLACE IN OPERATIONS OF THIS BANK. THE CLEANING EXERCISE AND OTHER ACTIVITIES SEEMS TO BE FOR THE COMPLETE CLEARING OF YES BANK FROM ALL THE PAST DEEDS. THEN THE HOLDING MAY BE TRANSFERRED TO SOME OTHER VERY BIG ONE WHO IS INTERESTED IN A CLEAN BANK (MY GUESS LIC). WHAT IS YOUR'S????
YES BANK headed towards the 76.85 level.The bank has been in a down trend for sometime now and looks like more is yet to come. Looking at the weekly chart, the bank is sitting on a very crucial level of 116.20 (which is on the trend line ), down below the 120.50 major support. There are chances for the prices to climb for a short moment, owing to the positive divergence between the price and the RSI indicator. But ultimately, the bank is very likely to go down. The expected price for it to reach is 76.85.
YES Bank - Addl $ 600 million to be raised!!In a late evening exchange filing on August 15, Yes Bank confirmed that it has sold around 231 million shares to Societe Generale (18.75 percent of 231 million), Key Square Master Fund (16.2 percent), BNP Paribas Arbitrage (14.43 percent), HDFC Balanced Advantage Fund (10.26 percent) and Key Square Master Fund II (5.88 percent), among other shares.
All the big fund houses have increased their stake in YES Bank.
This should make the second target 89 achievable in the coming days.
Yes Bank - Downtrend resumes ?Banknifty appears considerably weak after the large Bearish Engulfing candle that it formed yesterday as it encountered heavy selling pressure around 27000 levels.
With all the private sector banks witnessing a selloff on Monday, Yes Bank NSE:YESBANK looks like a nice candidate for shorting.
I can see that the price got rejected at the resistance zone near 350 levels after retracing 50% of the previous downmove.
Good opportunity to short here with stop loss near 350 levels for a target in the 305-315 zone.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
'YES' BANK KNOWS HOW TO SAY 'NO' TO BANKNIFTYDIVERGENCE BETWEEN BANKNIFTY AND YESBANK WITH A HEAD AND SHOULDERS ARE TWO OF FEW REASONS TO GO LONG ON THE COUNTER.
ITS IMPORTANT TO UNDERSTAND THAT A COUNTER FINDS DIFFICULTY IN GOING UP WHEN ITS PEERS ARE GOING DOWN, NEVERTHELESS THE REASONS MENTIONED ON THE CHART MAKES YES BANK A GOOD BET TO PLAY ON THE LONG SIDE FOR SHORT TERM.
YES BANK EXPECTED REVERSAL FROM 19-20 RSIndian Private Bank Yes Bank looking good here near to reversal. Current price is 20.84. we can clearly see yes bank at overbought phase from its high 32.85 and made 19 rs recent Low.so this is very attractive price . My target view is 24 rs to 27 rs in few weeks .