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Yesbanksupport

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.
NSE:YESBANKLong
by Mambotrade
YES BANK "DOWN TO DUST"...IS THIS THE RIGHT TIME TO ACCUMULATE!! 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 averaged Yes Bank at lower levels WARNING signs were well in advance visible on chart ie 03 Sep 18 about its internal issues Distribution Phase started 1 year period period to its downfall (ie Jul 17 to Aug 18) its a phase were promoters were exiting in big chunk Time Cycle- Sep 18(24 Bar, 732d) 03 Sep 18 price broke its multi-year trend line support with heavy volume and a “Fall of Yes Bank” started If these TA signs were not ignored, investors must have saved a lot on YES Bank Comment for further analysis if required A clear example of “Down to Dust” Thats why I always insist "Always Respect Risk" Happy Trading Jai Hind ------------------------------------------------------------------------------------------------------------------------------------------------------------- Get the best out of market with free trading account upstox.com
NSE:YESBANK
by DhirajSinghBais
9