Yesbank
Yesbank - Trendline Breakout It has been observed that the price action breaks out above the 6 months trendline and confirmed the breakout by re-testing of trendline by forming a bullish candlestick. The breakout is also confirmed by the RSI Bullish Divergence. Therefore, price action is expected to go further up from here on. T1-17.5, SL 14
YESBANKWatch out for YESBANK in the upcoming days. It has been continuously trading inside descending channel for long. It has been trying to breakout from the channel. Expecting a breakout this time in the upcoming days. Initial targets being 17 followed by 21. If it breaks the second target levels, we can expect good upside, whereas one should exit below 12.
Please note I’m not a registered analyst. Please analyse your self before investing.
Live Challenging Stock Market Analysis YESBANK Buy @ 15.05Market Analysis
Live Challenging Stock Market Analysis YESBANK Buy @ 15.05
Target @ 20.85
#sharemarket #yesbank #Nse #stockmarket
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Tradingwithtamil
yesbank the MOST ACCURATE harmonic pattern (DEEP CRAB PATTERN)It is a perfect pattern with the most PERFECT AND ACCURATE HARMONIC LEVELS. risk to reward is also extremely good with stop loss being only 14.25 on candle close basis.
Now 1.618XA level is seen at 18.70 + 1.618AB=CD is seen at 18.95 + 2.0BC=CD is seen at 19.30
So our potential reversal zone is in range 18.70-19.35
From 14.70 to 19.35 we can capture 4.65 rupees
good luck
trade and invest at your own risk
note: its a very perfect pattern with precise .886 harmonic level which is rarely seen . enjoy the ride