Yes Bank strong Buy Background check = No bad news, Trending opposite to sector,
Pros = Pure bullish engulfing pattern with volume support
Cons = None
Buy above 170.80 Target 1 = 177 Target 2 = 180
Stop-Loss = 166
#Illuminati
Yesbank
YesBank, Trade Idea with risk.Little Rsik BUY YESBANK future 168.5 nearby and stoploss 167 for targets 174 and 177 intraday if cross. 178... then 187-195
NOTE: YESBANK is involved risk so, profit should be quick... or Be active for this.
in the FUTURE CMP 169
Disinvestment View : YesBankYes Bank today crashed after bad result. Weekly Close below 168 expect Panic Selling, Even if no Panic Selling comes, stock will slowly go down.
Cheers!!!!
YES BANK - possible ShortAll details - Educational only.
YES BANK - may touch 230 & then 220
Below 21 DEMA & 50 DEMA
on Lower & Expanding Bollinger Band. Parabolic Sar suggests downtrend.
Check for OH & then follow. Give atleast 30 mins for opening Trades to settle.
Pls do your TA.
YESBANKin charts we can yesbank strong support s1 230 if it breaks then we see next support is s2 200 .
if s1 not break we see some short covering after fall first resistance is r1 254
YESBANK: Make or Break - Short termYESBANK (Daily)
Rising Channel Breakdown; Currently at 38.2% fibo retracement of the recent up run, which is also a good support;
With RSI downward trending, if price breaks 253, the next supports are around 245, 230.
On the contrary, the trend can reverse only above 270.
The charts posted by me are only for learning and not for trading purposes!
I am not responsible for any trade action taken by anyone whomsoever on the basis of the views published!
I am not a certified Technical Analyst or SEBI Registered Investment/Trade Advisor!
Yesbank broke it's leaner support 235 and 220 easily possibleYesbank broke it's leaner support 235 and 220 easily possible
YESBANK Long SetupYESBANK has been moving with higher highs in trendline support. Currently resting at 50% levels from the previous move . One can go long once it closes above the bearish trendline a good RR trade . Consider invalid if breaks to the down side . Stop loss of 260 .
Bearish Gartley Yes BankBearish Gartley Yes Bank
Prz - 280 - 281
Sl - 283
Target 1 - 276
Target 2 - 274
Footprint of YESBANK with attraction by controllerYes, YesBank is trading @270 nearby that was made high 273.6 which stronger previous resistance.
I don't know buyers will lose control until targets 277.5. : This statement is true, then it will not break 268 also and will continue to move upward.
Don't ignore the R 274.1.
This footprint for a trader, who really like to trade on YESBANK.
Below chart has more deepest research about historical moved was made by its self.
YESBANK Good Long OppoturnityEntry: 150 , Target : 280 ( 12 Months ), Stoploss : 145
What I see from Chart:
- RSI Divergence
- Wicks Indicating Strong Buying Action
- High Volume in Buy Zone
Valuation Analysis:
Trailing PE: 9.0, 5-year avg: 17.3 ( 48% discount )
Forward PE : 7.4, 5-year avg: 13.8 ( 46% discount )
Yes Bank has Rounding bottom break outYes Bank was in bearish phase from past few months but is recovering from bearish phase and entering in bullish phase and shown the rounding bottom breakout @269
Now we can buy it for long term target that is at 402 within 6 months that will be near to 50% returns from hear. Place Stop loss at 246.
POSITIONAL TRADE IN YESBANK APR (FUT)POSITIONAL TRADE IN YESBANK
APR FUT
BUY@266
STOP@260
TARGET@280-85
LOT:1750
QTY:2
I'm Bullish On #Yesbank For A While !!! LOL !!! EWroxx !!!Don't Forget To Leave A Thumbs Up!!!
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