Short term bullishIf 41 is crossed on closing basis, the next target will be 48 in intermediate term
YESBANK trade ideas
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.
Double bottomThere is a chances of double bottom yes bank. Because there is a triangle pattern broken below and it's target approx 28
Buy yes bank at 28-31
Target 60
YES BANK NICELY TOUCHES THE TARGET 1STOCK IDEA WAS PUBLISHED BY ME ON 29/01/2020.
LET US SEE IF BREAKS THE SUPPORT AGAIN AND GOES DOWN TO TARGET 2.
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DESCENDING TRIANGLE BREAK DOWN OF YES BANK MAY TAKE PLACE.IF IT BREAKS THE SUPPORT SHOWN IN THE CHART
IT MAY SLIP TO THE NEXT SUPPORT LINE.
WATCH IT CAREFULLY WHETHER IT BREAKS THE SUPPORT OR NOT.
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Yes Bank for intraday on 27-01-2020Consider the short term trendline. If a clear breakout occurs then a long position with SL and TGT is shown for intraday
Yes Bank Possible Trend & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
Reward is 4 to 6 times.
YESBANK: At strong resistance. details in chartAt strong resistance point. Horizontal resistance, trend-line resistance and 200 EMA resistance. There will be sideways movement for sometime/some days. Once the correction is over it will move with a bang.
Yes to yesbank for bullish Bullish breakout in Yesbank. Short term target 48 Rs and long term target is above 62 Rs
LAST RALLY HAD BEGUN FROM THIS SAME POINT.ZOOM IN, MIGHT START ALL OVER AGAIN
LONG AT 41 FOR TGT OF 42, 43 AND 44
Time to say "YES" To Yes Bank....Medium Term Target - 81While the stock has been in the news for all the wrong reasons and those who go strictly by the fundamentals & averse to corporate governance issues etc may not necessarily agree with my view point. But there comes a point in any stock, where the risk reward ratio becomes quite favourable (although just like in life, nothing is guaranteed in the stock market too). I would recommend a buy on the stock at current levels of around 38.65 for a medium target of 81.
Yes may give 15.7% returnYes bank is falling knife. However may expect 15.7% return on close above 41.5 with increased volume. Let see how the price print
YESBANK - Bottom FishingYESBANK reached to its support are 42-44. with Small risk add with SL 40 For Upside TGT 55-75-95.
