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Yesbank

Shark Pattern in Yes Bank ?is Bearish shark pattern is under formation in Yes bank ? Leg XA & AB have been formed & Leg BC is under formation or formed . for valid shark pattern BC leg should be 1.13 to 1.61 of leg XA. Presently price has reversed from 1.13 extension ( i.e. Rs.180.2) . Shark pattern would be still valid if prices goes down up to 1.61 extension of XA ( i.e. Rs. 170.4). if prices goes below the 170, it will invalidate the pattern. Moreover Point X, A , B & C are at the confluence of trend line. Formation of leg CD has already started or will start (if prices goes down to 170.4 & reverse thereafter).If valid Shark pattern is under formation, then prices can move up to 201 to 208 i.e. Point D. Please comment Declaimer : This analysis is for education purpose only. Consult your financial adviser, If you want to trade for CD leg or DE leg.
NSE:YESBANKLong
by nirmalmishra
Yes Bank view: Bearish to sideways...!!!Yes Bank CMP 193. Observations - the stock has fallen more than 50% from the highs of 400 levels seen in Aug 2018 - in its attempts to pullback the stock is making lower tops on daily charts Strategy One may consider selling Yes Bank 200 Call option Lot size 1750 CMP 6.6 At best, The strategy provides max 13.2% profit potential on margin amount of approx RS 87500. Loss Risk is covered for a rise in stock up to 206.60. Time period: 29 Nov 2018 Take care and safe trading...!!!
NSE:YESBANKShort
by indiamarketoutlook
4
EXPIRY TRADE IN YESBANK SEPT FUT PLEASE READ THE DESCRIPTION5 DAY TRADE IN YESBANK MARKET WORKS IN GODLY MANNER NO ONE CAN IMAGINE THE DOWNFALL FOR WHAT REASON AND WHERE THIS PANICK SELLING CAME FROM I AM A PROFESSIONAL TRADER TRADING IS MY BREAD AND BUTTER THIS CALL IS NOT FOR LIGHT HEARTED ONES PLS NOTE THE TRADE IS LOOKING FOR IMMENSE SHORTCOVERING IN THE EXIPRY WEEK SO WATCH OUT BE CAREFUL I AM LIKELY TO SURVIVE THIS BLOW NOT THE FIRST CRASH I HAVE EXPERIENCED SEPTEMBER FUT BUY@428 STOP@414 TARGET@464 LOT:1750 QTY:2
NSE:YESBANKLong
by manavtechresearch
13