YES BANK - SMALL INVESTOR STRATEGY!!BASED ON THE INFORMATION AVAILABLE THROUGH THE MEDIA, THE FOLLOWING SCENARIO EMERGES FOR SMALL INVESTORS IN YES BANK.
MUTUAL FUNDS (MF'S) LOST RS. 10,000 CR OUT OF RS. 16,000 CAPITAL LOSS ON TUESDAY.
THIS LOSS WILL NOT BE BEARABLE BY MF'S AND THEY WILL TRY TO TAKE A WAY OUT.
(EX : TATA MOTORS)
BEFORE THAT THERE WILL BE PRICE REDUCTION UPTO 128 LEVELS.
AND, THE RESULTS ARE NOT BAD.
PLEASE NOTE THAT, IL&FS LOSSES ARE NOT WRITTEN OFF BUT PROVISIONS ARE MADE.
IN CASE OF JET AIRWAYS, THERE WILL BE A SOLUTION TAKEN OUT.
LET US WAIT AND WATCH HOW THE GAME WILL BE PLAYED.
Search in ideas for "yes bank"
'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 Ltd (YESBANK): Is it time to say "Yes" to the bank?Today, Yes Bank broke the 28 week consolidation high of 15.05 with good volume. But ended closing marginally below at 14.70
Important to note, it crossed the important levels of 50, 100 and 200 day Moving average and closed above it. This can be a positive sign for the stock. However, the next few days are important to see how the price behaves.
It might consolidate between 14.25 and 15, or else if the momentum continues, and the price action sees good volume above the level of 15, then we can see a level of 16 and 18.
The current 200day exponential moving average, at 13.85, can also also act as stop loss level.
However, strictly follow your stop loss at 5-8% or as per your risk management.
Yes Bank - nxt targets/levels? Analysis on yes bank! A good closing as well as a huge breakout is seen in Yes bank , next levels target are inculded in the chart! What should be your next move , your next target and should you buy hold sell ...everything has been clearly mentioned in the chart ...check out !!!!!
Note: I m not responsible for your loss or gain either...all i m doing is placing my opinion in front of you! Make sure you consult your financial advisor before taking such steps or analyse stocks by yourself!
Enjoy and keep learning!
THANKYOU
YES Bank - Accumulation & Double BottomWeekly Time Frame - YES Bank has made a double bottom on the weekly time frame
Daily Time Frame - On the daily time frame, YES Bank is trading within a descending wedge. One can see stock consolidating around the level of Rs. 11 which is also the lower side of the descending wedge. If the stock sustains to trade and consolidate above the level of Rs. 11, a breakout of the descending wedge can come in mid or end of October'21 and we can expect YES Bank to test its 52 weeks high of Rs. 20.50.
Events that may trigger the breakout
1. FY 21-22 Quarter 2 results.
2. YES Bank may complete setting up its ARC after finalizing the 12 firms which have shown interest for the same.
3. Government rescuing Vodafone-Idea. YES Bank has around 4,000 Cr. of unsecured exposure in Vodafone-Idea because of which YES Bank's stock was under pressure after the resignation of Kumar Mangalam Birla from the post of non-executive chairman and director of Vodafone Idea (Vi)
4. Multiple rating agencies upgrade for YBL.
Yes Bank Quarter 2 PredictionJULY-SEP is expected to be a profitable quarter for yes bank, the price is expected to rise as the volume will rise if the volume crosses nearly 400 mn in a day it will surely boost to 15.50-16 levels, as per insights CASA for Bank has shown growth and for long term its a buy call for the refined yes bank for you.
Yes bank "Now Right Time To Invest"Technical Analysis:
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Yes Bank is currently facing consolidation which shows signs of improvement in the coming days.
Sentiment & Fundamental Tnalysis:
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Yes Bank appointed Anshu Jain-headed global investment bank Cantor Fitzgerald and two domestic entities for its fundraising plans, sources had said earlier.
The bank needs capital to meet the growing requirements of its expanding business, to invest in technology, human capital and infrastructure, and because it also envisages significant lending opportunities.
Is it Yes Bank at Multi-Support Range? Yes Bank the real wealth Destroyer which comes into effect after the corporate governance and NPA issues.
With its mediocre June Quarter Performance stock is all set to make a low.
On Friday, Yes Bank enters below the Half-century zone. The Diamond has started losing its fade. Here's what the technicals has to say..
At the current levels of 48-49. Yes Bank has coming down to its multi-year Support range of 40-43. Below that if it will lead to the crash down to the levels of 20-18 levels (where it has started it journey of bull).
On the Resistance: 58 & 74 plays the road block to its high.
Fundamentally drowning stock looks attractive but management issues leading a bear ride.
(For Risk Takers)
Be Cautious.
LONG YES BANKYes Bank Expiry Outlook looks very positive.
as Mentioned in my Previous post on yes bank, if did exactly that and given very strong return.
last 3 days were some side ways consolidation and correction which is coming to an end now.
Option chain also suggest high open interest, which will start to unwind and push stock to 286/300/310 levels.
Targets 286/300/310
SL 259
Please trade the stock with Trailing Stop loss.
YES Bank will fall todayIn my view Yes Bank will fall today as it has taken resistance at Rs 252.50 and will come back today. If yes bank closed today above Rs252.50 then its next target will be Rs286. But it is likely to fall today as YES bank has made doji candlestick precious trading day. Stock has also reached Bollinger Band upper risk line. Target is 230 SL 265
YES BANK a good sell on rise stockWe will look forward to an opportunity to go short once Yes Bank shows weakness at the sell zone marked.
PS: Wait for Yes Bank to reach the sell zone and we will go short only after it falls from the sell zone with SL above the swing high.
Only aggressive traders can go short as soon as Yes Bank moves into the sell zone.
Idea#5 Opportunity in YES BANKYES Bank has seen a dramatic downfall. RBI has trim "Rana Kapoor" term, investors has shown their worry and that created a panic.
Currently, YES BANK is available at its long term support and it can be a good buy from here. It is also at oversold level as per RSI.
Below are the stats for your consideration:
Buy Side Stats:
CMP: 226.50
Make a long position above 220 with the SL of 217
Short Side Stats:
CMP: 226.50
Make a short position below 217 with the SL of 220
My only motive is to give smallest SL, you can keep your target as per your wish. However, please trade with strict SL.
YES BANK - Time to go longGood time to go long for a positional trade. SL below 325 on closing basis. Then just wait for a surge up. Targets could be 341/351/365/370 etc (futures prices July contract).
- Yes has been taking support at the 100 MA for the past 4-5 weeks.
- Stochastics look good.
- MACD (daily chart) showing signs of a bullish crossover
- Inverted Head & Shoulder formation still valid with price at the shoulder currently. Neckline is at about 370 (futures price July contract)
Ref to:
Yes Bank cmp 23 by Weekly Chart viewYes Bank cmp 23 by Weekly Chart view
- Support Zone at 21 to 22.50 Price Band
- Old Daily Chart Gap Down Opening of January 2023 has been filled
- Weekly basis Support at 20 > 16 > 11 with Resistance at 27 > 32 > 37
- *Recent Daily Chart Gap Down Opening of July 2024 will need to be filled, sooner or later*
- *Stock Price is sustaining above Support Zone but Volumes suggestive of probable breakdown if the Support Zone is crossed*