Yes Bank cmp 23 by Weekly Chart viewYes Bank cmp 23 by Weekly Chart view
- Support Zone at 21 to 22.50 Price Band
- Old Daily Chart Gap Down Opening of January 2023 has been filled
- Weekly basis Support at 20 > 16 > 11 with Resistance at 27 > 32 > 37
- *Recent Daily Chart Gap Down Opening of July 2024 will need to be filled, sooner or later*
- *Stock Price is sustaining above Support Zone but Volumes suggestive of probable breakdown if the Support Zone is crossed*
Yesbankforecast
YES Bank Next Move (Within next 3 Months)All indicators or previous chart history showing upward movement of YES Bank BSE
This is buy trade setup and valid for next 3 months...
All analysis is based on historical data and some calculations based on RSI indicator...
So, do your own research before trading this stock...
Thanks for your support...
32 # Yes BankCan NSE:YESBANK be a Multi Bagger Stock ?
Reason Being:
1. Stock Consolidating in the zone of Rs. 10 to 20 for almost 2.5 years
2. Resistance Breakout with Heavy Volume
3. Breakout with Rounded Bottom Formation indicating a reversal in the NSE:YESBANK
4. OBV showing a successful Breakout as OBV
5. EMA 20 Crosses Above EMA 50 in Weekly Time Frame
if you liked it please don't forget to follow me
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education purposes.
Yes Bank forming a Morning star.Yes Bank showing some positive signs for the stock investors.
The stock has given a return of 20% from the mid of JULY 22 and still looks good for a swing trade.
The positive signs for the swing trade.
1. Morning star pattern.
2. Trading above 20 ema and bullish MA crossover already there.
3. Volumes are high in daily candle.
4. Respected support levels.
The trade can be initiated once the stock cross and sustain above today's high.
Target :- 17.3, 19.5
Stop loss :- Close below 15.3 on daily time frame.
Wait and watch the stock levels and price action before entering the trade.
Yes BankMomentum 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.
YES Bank: Price Action Analysis & Trading TipsIs Yes Bank Making A New Low?
The YES Bank stock has started falling for a long period. If it breaks the consolidation area, it will keep collapsing, and we may see 10 - 9.60 levels soon. It's under that range from the last 17 days.
But according to price action analysis, it will try to jump up to make a new LH. It can be nearby the 12.15 - 13.5 range. Safe investors can start selling nearby dynamic LH with the stop loss above the hurdle line.
Further information I will update you soon.
"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 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 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.