#YESBANK TRADE SETUPGreetings Folks,
today i have prepared a setup of YESBANK on NSE
the analysis is as follows-
- the price had a huge fall without any retracement
- price is now in a range or can say a pattern
- i am not in a particular bias right now, as the price has not broken the previous high
- wait for breakout either side
don't play with fire, always use a predefined stoploss
Yesbank
Buy Yesbank @ 17.25 SL 16.6"Delivery Idea 11-08-23
YESBANK (CMP: 17.25)
Buy Price: 17.25
SL Below: 16.6
Target: 19"
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YES BANK Rising1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one-day price drop
After taking support on the previous resistance zone NSE:YESBANK is moving up once again, it's a buy with stop at ₹16.95.
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
Yes Bank, bullish gartley Yes Bank bullish gartley + Elliott wave c complete,
Here problem is banking sentiments are negetive.
So , personally I'm watching
If yes Bank fall and enter in best buy zone ( 13.50/12)
Then I think consider,
# share learning
Learning for who read this message, I know no one 😅
*basically I observed
Strong large caps fundamental,bluechip company best buy zone is Fibonacci 0.618 area
And small cap company best discount area to purchase is Fibonacci 0.886 area
This Fibonacci support number help purchase company at discount.
Can be initiate long position in yes bank?in last 2 trading days, yes bank already moved 20% and reach a one-year-old resistance levels as you can see in chart.
now the question is that we should take entry in yes bank after such move.
in my opinion, I will take entry in yes bank once its close above 21
32 # Yes BankCan NSE:YESBANK be a Multi Bagger Stock ?
Reason Being:
1. Stock Consolidating in the zone of Rs. 10 to 20 for almost 2.5 years
2. Resistance Breakout with Heavy Volume
3. Breakout with Rounded Bottom Formation indicating a reversal in the NSE:YESBANK
4. OBV showing a successful Breakout as OBV
5. EMA 20 Crosses Above EMA 50 in Weekly Time Frame
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#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education purposes.
Yes Bank Ltd (YESBANK): Is it time to say "Yes" to the bank?Today, Yes Bank broke the 28 week consolidation high of 15.05 with good volume. But ended closing marginally below at 14.70
Important to note, it crossed the important levels of 50, 100 and 200 day Moving average and closed above it. This can be a positive sign for the stock. However, the next few days are important to see how the price behaves.
It might consolidate between 14.25 and 15, or else if the momentum continues, and the price action sees good volume above the level of 15, then we can see a level of 16 and 18.
The current 200day exponential moving average, at 13.85, can also also act as stop loss level.
However, strictly follow your stop loss at 5-8% or as per your risk management.
Yes Bank Sharp Price JumpYes Bank saw a sharp upwards movement in price following the news that Private equity majors Carlyle and Advent have got the Reserve Bank of India's (RBI's) nod to own up to 9.99 per cent in Yes Bank. Go long above 20 rupees while that will then become your stop loss. I do feel the major issues of Yes Bank are behind it.
Yes Bank forming a Morning star.Yes Bank showing some positive signs for the stock investors.
The stock has given a return of 20% from the mid of JULY 22 and still looks good for a swing trade.
The positive signs for the swing trade.
1. Morning star pattern.
2. Trading above 20 ema and bullish MA crossover already there.
3. Volumes are high in daily candle.
4. Respected support levels.
The trade can be initiated once the stock cross and sustain above today's high.
Target :- 17.3, 19.5
Stop loss :- Close below 15.3 on daily time frame.
Wait and watch the stock levels and price action before entering the trade.
YES BANK 🚀🚀NO MORE WORDS
JUST TREND ANALYSIS TO MAKE YES BANK INVESTOR STAY POSITIVE
HIT THE LIKE BUTTONS IF THIS ALSO MAKE YOU POSITIVE ABOUT YES BA NK
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. This is purely for Educational purpose and for your further analysis.
YES BANK - 2 choices YES BANK - 2 choices
1. Now in a flag pattern
2. If it breaks and opens and closes above the 12.9 means short-term target will be 13.5
3. If it breaks the flag pattern down-ward means it has support at 12.5 and 12.20.
Note:
1. I’m not a SEBI Registered advisor, my views are personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
Bankbaroda | Breakout of channel pattern for 66% 🎯⭕ Positional Trading opportunity ! weekly Chart Alert !!!⭕
--Buy above =67.60 or CMP
--Target = 112.60
--Stop-loss = 52.20
--R:R =2.92
--Expected Profit = (66 % )
--Expected Holding = 1-3 Months only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Bank of Baroda has given the breakout & possibly retest again so, one can wait for it or else buy a little quantity here & buy more after retest
2) Volume activities in all the psu bank is very large & they can show a big move ahead
3) Target is based on the pattern height
4) 36 weeks of Accumulation with double bottom
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