YESNABK BuyLooks like the consolidation at the 38.2 retracement level is about complete and the scrip is ready to take a shot at the previous high.
1850 should be a good short term target
Yesbank
YesBank: The Bull FlagSetup--- Flag Pattern
Entry--- Two Zones of interest
1) 1790-1800; or
2) 1810-1820
as per setup shown in the chart.
Targets-- 1840; 1850; 1860
Stop---- As per risk appetite
Hit like if this information is useful.
Trade safe
Regards
Bravetotrade
YESBANK LongVery nice breakout on YESBANK.
It has been a beautiful uptrend and has completed consolidation.
This should be a start of next leg up.
YesBank: A Short Term TradeMy previous post on the stock has a bullish bias which is still intact see >>
But a short term trade may also be a good idea for hedging or having some added advantage.
The Key Level for this post will be 1583-1585. If the stock has to reverse down, this would be the place. But if this level is breached by the bulls then we can see a rapid up move.
The mid targets and final targets (both upside and downside) for the trade are shown on the chart. Manage you trades well.
Hit like if you think this information can be useful.
Trade safe, stay healthy.
Best Regards
Bravetotrade
Symmetric Triangle on YesbankSymmetric Triangle pattern on Yesbank and it may break either side.
Trade Long:
Buy above - 1570
Target - 1590
Stop loss - 1560
Trade Short:
Short below - 1548
Target - 1527
Stop loss - 1560
Yes Bank: A Bearish Crab or What?Please follow your best trading plan to trade this idea.
Hit like for better publications in future. Comments are welcomed.
Trade safe.
Best Regards
Bravetotrade
YES BANK "Bearish Harmonic"Price has lead to the formation of bearish harmonic pattern.
SL-Close beyond X
YesBank: Trade Against the TrendYes Bank should be on radar at this stage. Stock is in a short term uptrend. It is not yet confirmed if a new wave has started from 1401 or not. But what can be observed is that the price has been gyrating in a channel and is approaching the supply zone. One can look for a bearish setup in this zone and go short.
Hit like if this analysis is informative. Comments are welcomed.
Trade safe.
Best Regards
Bravetotrade
Trendline breakout on YesbankTrendline broken and its indicating the price to move upside.
Trade:
Buy above - 1467
Target 1 - 1492
Target 2 - 1520
Stop Loss - 1437
Trailing Stop Loss - Keep change the stop loss on every target.
Intraday opportunity in Yes Bank for 30 June 2017Look for the levels as highlighted in the chart and either Buy with 5rs SL
Catch the Breakout!Yesbank Got Broked through the range, and it will look to test the Resistance above, and this is the region Friends, where we should take a short Confidently. NSE:BANKNIFTY Has already Broked the Channel and this may lead to other banking stocks to follow the spree.
Check out How BankNifty broked out of the channel for Better Understanding down below in Related Ideas of this Post!
YesBank - Bearish Flag Pattern in ProgressIt is been observed on the Daily Chart that the price action is forming a bearish flag pattern, which indicates the continuation of the trend. In this situation, the price action is trending down prior forming flag pattern and now once it formed and breaks below it, indicating further weakness ahead.
Target 1: 1400
Target 2: 1375
Stoploss: 1470
YesBank : Just say Yes to My Plan...The Problem we have here is, we are in middle of C to D move & if you notice we have predicted two ways for YesBank to move up.
i) The first straight line (orange) - if that happens, I don't have any reason or setup to take trade. I will be just watching till it reaches 1570's zone - No Trades at all
ii) The pullback scene - Here Only on Bullish reversal , I will be taking the trade
Consider if first scene happens, people who are bit emotional chase that & feel like , I will get atleast next 40 points , even if there is no trade setup But professional traders will never do that mistake. We take only when the trade happens as per our plan. Hope you got the point :)
Yes Bank: Bears seems to be taking overThe price action seems to be following a channel. Today stock touched the upper trendline of the rising channel and faced stiff resistance. It found support @ 1498 level. A decisive break below 1498 may take the stock to 1485. Below 1485 it may go as far as 1460-1470 support zone where some consolidation action can be seen.
Doubletop Reversal Short The stock has formed a clear classical double top reversal pattern and traded below the neckline yesterday. It would offer a good short trade in coming days. It is one of the most simple pattern so need not much details. Have a good profit.
Long Yes bank above 1466 for 1844 as Mid term TargetsYes banks NPA Issue limited to short period I think 1460 is nice Level with stop loss 1430 and target as 1844 midterm
Thanks and Regards ,
Dipak Zed
Breakouts: High Potential Returns It is been observed that some stocks mentioned below having great breakouts from pattern formation on daily chart indicating a high potential returns opportunity in the coming week. Buyers are in control and will take up prices quickly from here on.
Bharti Airtel: Target-380, 400 SL- 350
BEL: Target -1700 SL 1500
Yes Bank: T1- 1550 SL- 1440
HERO: T1- 3450 SL- 3250
Have a great trading week ahead,
Happy Holi,
Regards
Evening star on Yes BankEvening star on Yes Bank and MACD on bearish crossover on above the '0' barrier.
Trade:
Short below - 1420
Target - 1395
Stop loss - 1440
Risk : Reward => 1 : 1
Reward Points - 25
Risk Points - 20
Yes Bank: Characteristics of Distribution !!Price has spiked above the highs and immediately scales back into the range. Volumes higher at the spike too. Am inclined to believe that this could be a probably distribution !! Let's wait for more confirmation.
A quick selling pressure or a series of red wide ranged bars will strengthen the case for distribution.
YES BANK DIVERSION ON HOURLY CHARTYES BANK show diversion on hourly chart
Elliot oscillator is going down where price is going up
it show some reversal on chart short @1393, sl: 1415, target 1330
enjoy
YESBANK weakness in trendBearish divergence + MACD Crossover
Weak volume in trend. potential shorting candidate
Follow to see the action, UP or DOWNNeed to follow the channel to see, if that becomes a flag or a down trend....
