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Yesbankanalysis

#YESBANK long trade idea setup 17/11/23Greetings Folks, today I have prepared a setup of YESBANK on NSE the analysis is as follows- -the price recently broke out of a series of equal highs - we are now waiting for a suitable retracement for the trade - 2 possible support zones, first one is weak and unreliable but it can work out because the stock is accompanied with good volume - the latter support zone is safer and new traders should use this zone don't play with fire, always use a predefined stoploss
NSE:YESBANKLong
by profitpujari
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 if you liked it please don't forget to follow me #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.
NSE:YESBANKLong
by p18amanr
2
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.
NSE:YESBANKLong
by TheMamboMomentum