Yesbankanalysis
YESBANKAs you can see, there is a good Bolinger Band formation in YESBANK with good volume and, at the same time, it has broken the downtrend. I believe YESBANK will now move in a Bolinger Band, so continue to average near 20MA (i.e. the middle band of the Bolinger Band is 20MA). After breaking the trend, the chart has also retested the support.
Please keep the lower band on a weekly timeframe as your stop-loss, and also keep trailing your SL.
Disclaimer: I personally hold YESBANK.
For education purposes only.
Not a SEBI registered broker.
Please ask your financial advisor before investing.
RISKY TRADE - BUY YES BANKBUY YES BANK AT CMP & ACCUMULATE UPTO 11
Presently in clear bearish trend. Trend Change expected only on decisive closing above 14 on Closing basis for Targets of 16, 18, 20++
SL 9 on Weekly Closing basis.
PS: Invest only that amount which you can afford to loose.
Disclaimer: All Charts are for educational purpose. Please consult your financial advisor 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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YES Bank EW analysisOm Namah Shivay
The Initial pattern suggested
should be corrective pattern
which is fully retraced back
with a Zigzag. The movement
is supported with divergence.
This is for educational purpose only. There are no trading recommendations.
Om Namah Shivay = Soul (the I) respects Shiva ( the supreme Soul)
"YES BANK" IS IT A MULTI BAGGER??? LONG TERM ELLIOT FORECAST.Analysis based on technical parameters(No Noise)
Lazy Day...
Yes Bank - I will avoid going onto the fundamental aspects, Not my forte...However with the recent revival efforts and upgradation and mega outreach by the banking staff...encouraged and motivated me to have a look on the chart (long term)...to my utter surprise...this banking stock have full potential to become a Multi bagger stock in times to come...the elliot labels as marked with tgt and time...with this it is compelling me to have it in my portfolio....Th structure fulfilling all criteria of a (3-3-5) structure wherein the 5 legged structure is likely to commence...Please don't expect it will be tomorrow, it is only only for long term horizon...
Assimilation only for educational purpose...
Trade as per own risk assessment
YesBank- Is there a Possibility Of a Skyfall?
The Yes bank is currently moving sideways by taking the support of 50% retracement of Fibonacci. ADX is less than 25 , which indicates a fall, but +DI is above -DI means uptrend. I have applied the moving average, which shows the fall, too.
If the trend falls and crosses 17.60 , then the targets are following 17.30 - 17.00 - 16.70 - 15.40 . And if yes bank breaks the 50% level upside and breaks 19.00 , then the target will be 19.30 - 19.50 - 19.90 - 21.75 . Otherwise, it continues to move sideways.
Yes Bank ... Fallen Angel: To bottom fish or not to bottom fishOnce 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 closed near the lows. This can be a climatic selling. Though we have to wait for a few more days to confirm a bottom. A simple test for bottom formation can be to wait for at least three days where the low is not breached and preferably a small or big bounce is seen. A more rigorous test will be to wait for the candle high of the bottom to be taken out along with the 3 days rule.
Given the rock bottom state of affairs, it is a laggard and hence will not be on my radar for longs and I will not go short without full hedge as the runway is very small and it can make a sharp u turn anytime. If I were a bottom fisher, I will wait for the price to bounce at least 20% from the new low(to be formed) before I even consider a testing quantity.
IS THIS THE RIGHT TIME FOR YES BANK!!! CAN WE BUY NOW!!! 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
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
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