Momentum 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.
Negative / volatile in Day Charts as on today -
stay calm or buy in little quantity in every dips the price traded before 12th march.
When the close is above 65 in monthly charts then it could be time to catch the proper trend.
NSE: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 is near to its resistance level....if it breaks with high volume then a great upward movement may possible...and also if it breaks its support level with high volume then downward movement may possible...
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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...
Yes Bank breaks down after a brief consolidation. Bear trend still holds strong. 108 was a Bear Flag target in 4Hr chart (attached below for reference). Another possible Bear flag depth (also shown in the chart attached below) then indicated a target of 80. Considering the fresh break downwards the stock is expected to fall to 100 which is very critical. Below...