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Yesbankbuy

Is it Yes Bank at Multi-Support Range? Yes Bank the real wealth Destroyer which comes into effect after the corporate governance and NPA issues. With its mediocre June Quarter Performance stock is all set to make a low. On Friday, Yes Bank enters below the Half-century zone. The Diamond has started losing its fade. Here's what the technicals has to say.. At the current levels of 48-49. Yes Bank has coming down to its multi-year Support range of 40-43. Below that if it will lead to the crash down to the levels of 20-18 levels (where it has started it journey of bull). On the Resistance: 58 & 74 plays the road block to its high. Fundamentally drowning stock looks attractive but management issues leading a bear ride. (For Risk Takers) Be Cautious.
BSE:YESBANKLong
by UnknownUnicorn3503085
YES BANK | Bear Flag pattern Bearish Flag pattern observed in YES BANK. Pattern looks to have confirmed suggesting a bearish outlook. Target depth of flag is around 40 points considering the price 172 on 10th May. If beginning of the fall @ 201.65 is considered, depth of flag will be around 70 points. With confirmation of pattern occurring at 147.7, Target of the pattern comes in at 108 taking 172 and at 78.5 taking 201.65. Also note that 132.5 could offer a good support. A target (strictly technical) of 108/78.5 looks extremely bearish.
NSE:YESBANK
by AkhilSuryaFS