Yesbankanalysis
Yesbank level for 18-Mar-2020(Intraday)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 )
Follow us to get more views on your requested stocks & learn technicals
*All views for Educational purpose, Trade at your own risk
Yes bank "Now Right Time To Invest"Technical Analysis:
------------------------
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 said earlier.
The bank needs capital to meet the growing requirements of its expanding business, to invest in technology, human capital and infrastructure, and because it also envisages significant lending opportunities.
YesBank Down-trend Good PullbackSo 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 intraday 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 knowledge from some watching some people on youtube.
I have used flags/ wedges / two tops, bottoms on monthly, weekly, daily charts of YesBank
YES BANK BUY FOR LONG TERM INVESTORSNSE: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.
YES BANK TRADING THE TREND LINES ANALYSIS FOR TUESDAY 19/11/2019AS WE CAN SEE IT HAS BROKEN MIDDLE TREND LINE, CANDLE SIZE IS ALSO GOOD IN RED COLOR CURRENT MOVING AVERAGE MAY WORK AS SUPPORT LET IT BREAK ON CLOSING BASIS TARGET FOR SHORTS ARE 53.10 THEN 57.9 THEN FINAL TARGET IS GIVEN WITH ARROW WHICH IS LAST TREND LINE
STOP LOSS WILL BE 71.25 GOOD LUCK
NOTE: TRADE AT YOU OWN RISK
Time to say YES to YES BANK?YES BANK: The stock has been in news after RJ’s activity in the stock. On the charts we can see a rounding bottom formation on going on the daily chart which is yet to breakout. The RSI though has changed its nature and has move above 60 and now bouncing on it. Once a breakout is registered the stock is expected to rally and move ahead to 95 and even 133 going ahead. A failed breakout will have a coiling effect and the stock may further start to plummet to the lows. . Our “ProRSI moblile trading application has been launched on Play Store and IOS, get high probability trading ideas in equities, futures and options. Download Now.
Yes Bank to make new all time lows.Yes Bank is very likely heading towards making a new all time low if the minor support of 45 is broken. We are seeing the same pattern in price action as we saw in August-September. It has not given a closing above the upper trend line since the start of this channel. We can only expect to see an upwards move if we see a closing above 57 on daily chart with heavy volumes and delivery. If you are long in Yes Bank then it's best to exit right away or when the red support line gets broken. Risky traders can place shorts at CMP with SL being a notch above upper trend line (closing basis). Safe traders can wait for the 45 support to get broken and enter shorts accordingly. I will update the post as we see changes in price action when market opens on Tuesday.