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*
Yes
Multi bagger in processYes bank one of the worst hit of investors wealth in the decade.
But bank is taking several steps for improvement.
Eventually one day all the efforts will give the fruits.
Only patience investors are advised for long term.
Rest all the levels given in the charts are for positional/short term of 6months to 1year.
Strict adherence of levels are advised to get maximum benefit.
Note :- The analysis is made for study purpose only. Nowhere author is suggesting to buy/sell.
Before taking any position it is advised to consult your financial advisor.
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.
STRADDLE IT ............... IBULHSGFIN I HAVE FOLLOWED IBULHSGFIN FOR OVER 6 DAYS AND NOW THE STOCK IS PERFECT CANDIDATE TO STRADDLE .... AS THE IV PERCENTILE IS 98 WE CAN NOW SELL AT THE MONEY CALL AND AT THE MONEY PUT TO TAKE THE ADVANTAGE OF HUGE VOLATILITY CRUSH ......... I WILL SIGGEST TO BUY IT AND KEEP IT FOR ATLEAST 10 DAYS .....TO GET A HANDSOME RETURN ...AND IF YOU WOULD LIKE U CAN EXIT EARLIER ACCORDING TO YOUR RISK APPETITE.
HAPPY TRADING
:)
By mistaked published UK, YESBANK
Above link and chart is correct. Therefore you were unable to see my post.
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Everything is in plotted in the chart but, where should be our entry will decide by lower timeFrame chart.
WAIT and LET ME UPDATE very soon lower time chart for exact entry level.
Yes Bank seems to be weak (Trade for Tomorrow) {Bearish}Dear All Members at Tradingview ,
Yes Bank seems to be weak on Daily Chart ; Keep An Eye on it .
Entry : Below 250 Rs.
SL : 258 Rs. (CLBS)
Targets : 244-236-222 Rs.
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!
OPTION TRADING "YES BANK" EXECUTION DATE 08/10/2018 YESB
BUY:
Firstly, if the stock breaks the level of 218.80 then BUY “CALL OPTION” YES BANK OCT 225 CE
Secondly, if the stock sustains above these levels on positive basis then BUY “CALL OPTION” YES BANK OCT 240 CE
SELL:
Firstly, if the stock breaks the level of 203.00 then BUY “PUT OPTION” YES BANK OCT 190 PE
Secondly, if the stock sustains below these levels on negative basis then BUY “PUT OPTION” YES BANK OCT 170 PE
LOT SIZE: 1750 (TRADE ONLY ONE LOT ON EACH SIDE)
“Option trading is highly risky, so trade according to your risk appetite”