Yesbank
Yes Bank Possible Trend & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
Reward is 4 to 6 times.
YESBANK: As I said nearing second bottomWhen I posted a chart on YESBANK on 17-11-19, the price was 68.70.
I said that YESBANK will form triple bottom. Now it has came all the way down to 40 to find the second bottom. CMP - 43.55. The stock price is not yet out of woods. Chances for some 3 rupees up (47) and then 8 to 10 rupees down(36-38). If it goes up from this level or after finding bottom at around 36 it will move up to 80-100 rupees and then come down to form the third bottom. This is according to my EW knowledge and labelling. Do your own analyses based on price action and act accordingly.
YESBANK - Time to Buy?The support of 62-63 is quite solid. I think this is the last low before it targets 80 above and its a good time to buy.
take entry around 63-65 with a strict stoploss of 10-12 aiming 81-89 in next 1-2 weeks as time frame is most important part of trading hold with patience and believe in yourself. Happy Trading.






















