Yesbank
YES BANK is long for Aggressive tradersYes Bank is showing some support 53-55 levels...going long with pullback around B1-B2 levels will be a good idea for T1-T2.....ALWAYS Respect Risk.......Happy Trading Stay blessed.....
Yes Bank || Intraday #YESBANKYes Bank is showing some support level, it going long with a pullback .....ALWAYS calculate Risk to Ratio , check resistance and support.......Happy Trading Stay blessed.....
3 Drives on Bottom : Good Risk to Reward The stock has formed 3 Drives on Bottom pattern and is in deep oversold zone. It has formed bullish engulfing showing a potential reversal therefore one can go long at this level with the recent low as Stop Loss. One can expect the 68 as target. It offers a healthy risk to reward ratio of 3. The defensive trader should wait and enter once it starts trading above the Engulfing Candle, which means risking more and RR ratio of 2 but better chances. So decide on your risk preference.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Will Yes Bank continue to slide? Open Short Target 60, 50
SL 81 (should close above).
Reason bad debt: other than DHFL, Yes Bank have huge exposure in CG Power. It also has loan exposure to HDIL.
If your idea matches mine open short, I will keep you posted as price moves.
Please, take a second and support my effort by hitting the "LIKE" button, that’s the only fee from You!
Yesbank support and resistance - strong support around 71.5Yesbank support and resistance - strong support around 71.5
Yes Bank Long Term ViewYes bank Is a buying Opportunity for Long term, Wait for the break out Since it shows some sign of Positive divergence. Once the trendline breaks for both rsi and price, we will go for buy. In simpler terms should close above 98.
Kindly refer the support and resistance line.
Disclaimer: For educational purpose only not recommending for trading. Analyze your self and trade accordingly.
Thank you
SBIN- Whats next?SBIN has suggested earlier has filled the gap, but once it goes below 324( recent low), only below 324 expect breakdown of major support and fall towards 308/295. Rest classical and EW analysis mentioned on the chart
Regards,
Sharma Yogesh
Sunpharma Update ONLY if fails to hold above 447 or ONLY if holds below 447 look to short for target 412, which will fill the gap eventually.
Regards,
Sharma yogesh
TCS longThe price has successfully held the uptrend channel and support levels. Expect price to touch 2155/65 which will act as resistance, once it crosses same levels expect 2210/2255/2292 positional. Sl- 2177
Dips can be used
Regards,
Sharma Yogesh
HDFC longBullish for R1, R2, R3 as targets mentioned on the chart.
SL 2126
Use dips near 2155/65, or as per your strategy for given targets.
Regards
Sharma Yogesh
