It's sad news that YESBANK bankrupt and the shareholders of YESBANK are in despair state. It's time to think the state of other banks like AxisBank.
With my technical analysis, the Axisbank uptrend breaks as you can clearly see it in my chart. This will ignite major sell off. I'm not here to create panic at any cost. I always want the markets...
23 MAR 20 ONWARDS
support zone 1 – 36.55-38.90
Support zone 2- 18.05-22.60
holds one can accumulate
And keep pyramiding towards 61.90-67.45-79.60
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
27 MAR 20 ONWARDS
Dear all as per your queries I am updating my view
As mentioned in my previous view on Yes Bank on 22 Mar 20 the support zone 1 – 36.55-38.90 was easily violated and as we can see that the stock is heading south were the support zone 2- 18.05-22.60 is, if Yes Bank holds one can accumulate
And keep pyramiding towards 61.90-67.45-79.60...
I have been posting to warn the retail investors foreseeing the risks in the markets. Here is another major bank.
With my technical analysis , the HDFC Bank uptrend breaks as you can clearly see it in my chart. This will ignite major sell off. The price targets are at scariest levels.
Current Price: INR 1022
Price Fall Target: INR 77 - 94...
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...
Breaking News that YESBANK BANKRUPT.
What should YESBANK shareholders do now??
1. Don't PANIC
2. Don't SELL
3. Be Patient, Your time will come
What should investors do??
When to Exit??
As per my analysis, at least a short term to level 40-45 will happen where one can choose to exit.
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It's sad news that YESBANK bankrupt and the shareholders of YESBANK are in despair state. It's time to think the state of other banks like Indus Bank.
With my technical analysis , the INDUSINDBANK uptrend breaks as you can clearly see it in my chart. This will ignite major sell off. I'm not here to create panic at any cost. I always want the...
The gap at the start today has made the bigger C wave down a little difficult to count. But I am pretty confident about it. The horizontal support lines are possible levels for a good reaction.
Not an advice thought.
Negative / volatile in Day Charts as on today -
stay calm or buy in little quantity in every dips the price traded before 12th march.
When the close is above 65 in monthly charts then it could be time to catch the proper trend.
A Very popular stock now days try find some levels for Intraday
Above 62 for 65,70,75
Below 52 for 59,53,45
Critical Zone- 52-62(Sideways )
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With our new indicator, #yesbank has given another sell signal showing bearish strength.
Prices below as targets are 33.60, 31.05 and 29 (this one on a longer term).
35 acting as resistance to this fall which will invalidate this fall for sometime.
Prices are likely to touch 31 by next month and 29 in coming weeks.
Yes Bank is currently facing consolidation which shows signs of improvement in the coming days.
Sentiment & Fundamental Tnalysis:
Yes Bank appointed Anshu Jain-headed global investment bank Cantor Fitzgerald and two domestic entities for its fundraising plans, sources had...