YESBANK trade ideas
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 - LOAN PROVISIONING NORMS TO AFFECT?HOURLY CHART INDICATES THAT YES IS MOVING IN A RANGE BETWEEN 173 AND 177.
ONCE IT CLOSES BELOW 173, THEN EXPECT THE TARGETS AT 166 AND 159.
WEEKLY CHARTS ALSO INDICATE THE SAME.
YES Bank climbs 4% after Tuesday's 29% slide; analysts stay cautTrade Nivesh: Shares of YES BankNSE -0.09 % climbed 4 per cent in Thursday’s trade on the emergence of value buying on the counter following Tuesday’s steep 29 per cent slide.
2019MAY_YESBANK_NEUTRAL_SPREADYesBank neutral strategy for May expiry. Stock has corrected a lot before results and expected to consolidate before giving a decisive move. On upside its expected to get stiff resistance near its Fibonacci retracement levels of 211.6 and on downside 148 is likely to act as support. Expecting an expiry within 150-210 and hence created below neutral option spread.
-2x 30MAY2019 150CE - ₹ 29.75
-2x 30MAY2019 210PE - ₹ 39.25
Max. Profit ₹ +31,500 (150-200)
Max. Loss ₹ Undefined (> BEPS)
Breakevens 141.0-219.0
Margin - 3.75L (With Margin Discount)
ROI - 8.4% 150 < Expiry < 200
Short term perspectiveShould turn north now, that its support has worked on Friday, the fateful day. There is also a good support at 153 if it goes down more.
YES BANK - SMALL INVESTOR STRATEGY!!BASED ON THE INFORMATION AVAILABLE THROUGH THE MEDIA, THE FOLLOWING SCENARIO EMERGES FOR SMALL INVESTORS IN YES BANK.
MUTUAL FUNDS (MF'S) LOST RS. 10,000 CR OUT OF RS. 16,000 CAPITAL LOSS ON TUESDAY.
THIS LOSS WILL NOT BE BEARABLE BY MF'S AND THEY WILL TRY TO TAKE A WAY OUT.
(EX : TATA MOTORS)
BEFORE THAT THERE WILL BE PRICE REDUCTION UPTO 128 LEVELS.
AND, THE RESULTS ARE NOT BAD.
PLEASE NOTE THAT, IL&FS LOSSES ARE NOT WRITTEN OFF BUT PROVISIONS ARE MADE.
IN CASE OF JET AIRWAYS, THERE WILL BE A SOLUTION TAKEN OUT.
LET US WAIT AND WATCH HOW THE GAME WILL BE PLAYED.
Technically Superb Chart!After respecting supply zone, stock is back to monthly demand zone.
Buy May Fut.
YesBank, Trade Idea with risk.Little Rsik BUY YESBANK future 168.5 nearby and stoploss 167 for targets 174 and 177 intraday if cross. 178... then 187-195
NOTE: YESBANK is involved risk so, profit should be quick... or Be active for this.
in the FUTURE CMP 169
Disinvestment View : YesBankYes Bank today crashed after bad result. Weekly Close below 168 expect Panic Selling, Even if no Panic Selling comes, stock will slowly go down.
Cheers!!!!
BEARISH WEDGE FORMATIOMYESBANK SHOWS CONTINIOUS BEARISH WEDGE FORMATION IN ONE DAY CANDLE.POSSIBLE BOUNCE MAY OCCUR BUT EVENTUALLY IT GOES TOWARDS BEARS.ONE SHOULD TAKE ADAVANTAGE OF POSSIBLE BOUNCES FOR SHORTING OR WAIT TILL IT BREAKS THE LOWER TREND LINE .
YES BANK - possible ShortAll details - Educational only.
YES BANK - may touch 230 & then 220
Below 21 DEMA & 50 DEMA
on Lower & Expanding Bollinger Band. Parabolic Sar suggests downtrend.
Check for OH & then follow. Give atleast 30 mins for opening Trades to settle.
Pls do your TA.
Good support zoneTrading in good support zone if break with volumes then definitely go for long periods of
Not clear how it will move in short term. If it turns bearish, support is likely to come at 220. For some reason if it does move up, the resistance is at 241
