POSITIONAL CALL IN YESBANK SEPTEMBER FUTURES BUY@392.5 STOP@385.5 TARGET@405 LOT:1750 QTY:2
Levels mentioned on chart
Forming inverted head and shoulder for the target of 360 long @ 324-330 Target 354-362 stop loss 319-310
Long NSE:YESBANK futures at 313.80 . my stoploss is 305.. and target 323.80+ .... will trail if it moves in my favor tomorrow. lets see if history repeates itself or not ;)
Yesbank is good for long term as per the trendline we can see.
BUY YESBANK between 363-360 T1: 370 T2: 377 SL: 354
Looks like the consolidation at the 38.2 retracement level is about complete and the scrip is ready to take a shot at the previous high. 1850 should be a good short term target
Very nice breakout on YESBANK. It has been a beautiful uptrend and has completed consolidation. This should be a start of next leg up.
Look for the levels as highlighted in the chart and either Buy with 5rs SL
The Problem we have here is, we are in middle of C to D move & if you notice we have predicted two ways for YesBank to move up. i) The first straight line (orange) - if that happens, I don't have any reason or setup to take trade. I will be just watching till it reaches 1570's zone - No Trades at all ii) The pullback scene - Here Only on Bullish reversal , I...