YESBANK trade ideas
Not Happy -Possible one more down Yes bank I am not happy with the move and closing of today
The move does not have Impulse Character , and they did not brake through the down ward channel
it indicates the pain is not over
I strongly dis-agree with current move and i am looking for one more drop
This drop might even go below the current low before it makes turn around
One rare Case is possible only if the price Open out of the structure and moves away form it with impulse character in it
Structure also does not support any further movements
YES BANK ATTEMPTING TO BREAK SLANTED TREND LINEIF IT BREAKS IT AND THE RESISTANCE LINE
WE CAN LOOK FOR HIGHER LEVELS
Long YES BANK1> Buy @ 48.55 with Sl 44.35 for tgt of 58.65
2> Buy above 53.30 SL 44.35 for tgt of 58.65
Say Yes to Yes BankYes bank has taken support at 307 4 days back and now seems to be moving upwards. Also have crossed 200DMA today which is strong sign being bullish.
One can add this to profile keeping stop loss as 307 and look for 375 as target which is previous month high.
YESBANK, Advanced Trading Analysis, Buy Above 49 Target 53,57HOPING TO HELP ,
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YES BANK - EXPECTING REACTION DOWNWARDSIN THE CHARTS OF YB, IT IS SEEN THAT EVERY TIME THE MP REACHED THE BASE LINE (RED LINE), THE PRICE REACTED DOWN WARDS.
IF THE SAME PATTERN REPEATS, THEN EXPECT REACTION AT 52.6 LVL.
YES BANK TOUCHES 20 DMAONE CAN TAKE DELIVERY CALL
PEOPLE LIKELY TO TAKE PROFIT HERE IN F&O
LOOK FOR SOME FALL TO ENTER IN TO F&O
My YesBank Intraday TargetBroke out of ascending triangle on h1 leading to intraday target of a measured move up to 44-45.
WATCH MY YES BANK CALLPLEASE SEE MY EARLIER CALL
LIKE MY CALL IF IT HAS HELPED YOU
FOLLOW ME TO RECEIVE SUCH CALLS
YES BANK RISINGON THE NEWS SOME CORPORATE HOUSE EYEING STAKE IN IT
OF COURSE DENIAL FOR THEM.
IF RUMOR COMES TRUE APPRECIABLE RISE WILL BE THERE
Yes Bank 1 Hour ChartBuying momentum is too low.. Again selling pressure may come in.. Its near the trendline resistance and below 50MA
