YESBANK trade ideas
Yes Bank Long Entry Price 112.85 to 124.45Long Position in Yes Bank
SL=107.20
Entry 112.85 to 124.45
Target : Will be updated based on price action
YESBANK waiting to breakout of a rangeYES BANK closed at Rs. 115.80 on Monday (NSE, 17/06/2019). For the past few trading sessions, it followed a triangle like pattern.
It is waiting for breakout or breakdown from a range.
The opening of SGX Nifty today is positive. There are lot of chances for gap up opening and it can reach the defined target within few trading sessions.
In case of a breakdown from the support line, the target can be found from the graph for both side moves.
Breakout: Target Rs. 117.80
Breakdown: Target: Rs. 104
Yes Bank | Breaks down after consolidationYes 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 which 80 is the price Yes bank could fall to as suggested by Bear Flag formed earlier.
YES BANK - NEWSWarburg Pincus, Blackstone & Apax Partners may invest up to $750m in Yes Bank.
Will this news make the stock go up?
Yes !!! it is falling knife nowWill Yes bank will land on 105 till 17th jun 2019..? lets check my analysis
Yesbank Buy ChanceBullish harami Pattern nearby demand zone. It is a shine for uptrend, Expected target 148.5
Risk Lovers buy30 minutes chart is showing CCI reversal above -100 and sustaining it. Risk lovers can attempt to buy at cmp 116.5 SL 112. Parallel channel could be formed if counter take support at previous low of 112. However, it will be only very short term buy
YES BANK : near long term trend lineWe will still wait to buy Yes bank as counter is still away from long term trend line. 80-86 zone is the zone to watch out. 100 would provide psychological support. CCI hasn't given buy on Daily chart, if it is cyclical in nature.
YesBank Buying Levels starting from 108Buy 10% @ 108
you can trade INDIAN stocks in MT4 also.. ask for more details
By mistaked published UK, YESBANK
Above link and chart is correct. Therefore you were unable to see my post.
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Everything is in plotted in the chart but, where should be our entry will decide by lower timeFrame chart.
WAIT and LET ME UPDATE very soon lower time chart for exact entry level.
YESBANK Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
YES BANK - HOUR CHART OBSERVATIONSINVERTED H&S FORMATION IN PROCESS.
IT SEEMS 145 IS THE IMPORTANT PRICE LEVEL FOR ENTRY.
ENTER AT 135+ LEVEL WITH A STOP LOSS OF 132.
ONCE, IF THE PRICE CROSSES 145, THEN THE PRICE LEVEL WILL BE 153+.
WAIT FOR PROPER ENTRY POINT.
YES BANK - NEAR 3 YEARS LOW!YES BANK PRICE IS EXPECTED TO REACH 135 LEVEL. CURRENT PRICE WAS SEEN IN 2016.
ALL THE SIGNALS ARE IN BEARISH MODE.
BUT, ONCE IT STARTS REVERSING THEN EXPECT THE TARGETS OF 155 AND 176 IN THE COMING WEEKS.
MY ESTIMATION IS IT SHOULD BE 42 DAYS.
YES BANK | Bear Flag pattern Bearish Flag pattern observed in YES BANK. Pattern looks to have confirmed suggesting a bearish outlook. Target depth of flag is around 40 points considering the price 172 on 10th May. If beginning of the fall @ 201.65 is considered, depth of flag will be around 70 points. With confirmation of pattern occurring at 147.7, Target of the pattern comes in at 108 taking 172 and at 78.5 taking 201.65.
Also note that 132.5 could offer a good support. A target (strictly technical) of 108/78.5 looks extremely bearish.
