Yesbank shows a flag pattern breakout in one day chart. In my opinion, it will be short term bullish. In fundamental wise, Positive news are coming for yes bank. so 1st target will be around 18.0 and second target will be around 24
Once upon a time, Yes Bank was in my portfolio too. Thankfully I exited the stock when it was above 300. The human mind naturally seeks to bottom fish such fallen angels. Here are some facts you have to consider.
There is yet another Earnings report in 2 days.
There was a massive selling volume of more than 10 times average for 2 continuous days and price...
Momentum is seen in daily TF chart.
by RSI & MACD.
It is very good sign as common indicators shown this momentum.
Surely big going to be happened and it is accumulation zone before explosion.
it is multibagger stock now.
fundamentally when private investors step in, it will going to be once in lifetime opportunity to accumulate in this stock.
27 MAR 20 ONWARDS
Dear all as per your queries I am updating my view
As mentioned in my previous view on Yes Bank on 22 Mar 20 the support zone 1 – 36.55-38.90 was easily violated and as we can see that the stock is heading south were the support zone 2- 18.05-22.60 is, if Yes Bank holds one can accumulate
And keep pyramiding towards 61.90-67.45-79.60...
Yes Bank being a stock which created wealth for its investors which went straight up from as low as Rs 8.10 to Rs 404 in mere 9 yrs and 4 months went for a toss in Sep 18
This stock HOLDING the title of a "Biggest wealth destroyer of the decade" in Nifty 50 list
Lets see was...
Negative / volatile in Day Charts as on today -
stay calm or buy in little quantity in every dips the price traded before 12th march.
When the close is above 65 in monthly charts then it could be time to catch the proper trend.
A Very popular stock now days try find some levels for Intraday
Above 62 for 65,70,75
Below 52 for 59,53,45
Critical Zone- 52-62(Sideways )
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Yes Bank is currently facing consolidation which shows signs of improvement in the coming days.
Sentiment & Fundamental Tnalysis:
Yes Bank appointed Anshu Jain-headed global investment bank Cantor Fitzgerald and two domestic entities for its fundraising plans, sources had...
So we have a Two Bottom Reversal very close to 200 MA here. (Likewise NIFTYBANK, NIFTY50 )
Also in MACD, MA wont cross signal for a day i analyze.
And its has broken Down-trend on 30 min frame, with good bullish candle.
Yellow Line = 200 MA
Purple Bar = 15 day support
Green Square = EXIT
YesBank is gonna go up with Niftybank.
With the news of JC Flowers and the volume of buyers with respect to sellers, it atleast gonna go up with 1.5-1.8.
I'am a new trader, hungrily learner. Hoping to raise my Rs. 500 capital i just made Rs 4 on YesBank today. and also lost Rs. 5 at the end of the day.
I have made some amatuer technical analysis using my...
NSE:YESBANK The stock is trading in a range which is near a decade's low. Once the bank manages to get a support of good financier, it is not going to stop. Being one of the largest private sector lander, the bank is not going to ashes. So, need to worry is little. It is BUY and ACCUMULATE candidate between 30-35 range for outlook of long term investing.
1. Looking over Line Chart to find out the patterns.
2. Inverse H&S Pattern Spotted.
3. Break of neckline and it will go 20-30%.
4. Trade the plan long on breakout... Stop Loss Below the Neck Line.
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