Can NSE:YESBANK be a Multi Bagger Stock ?
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
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.
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.
Is 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....
Analysis based on technical parameters(No Noise)
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...
Yes Bank being a stock which created wealth for its investors which went straight up from as low as Rs 8.10 to Rs 404 in mere 9 yrs and 4 months went for a toss in Sep 18
This stock HOLDING the title of a "Biggest wealth destroyer of the decade" in Nifty 50 list
Lets see was there anything which could have saved investors who got trapped and even...
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.
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...
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...
CAUTION:- Educational purpose only...