My projection for YES BANK!The gap at the start today has made the bigger C wave down a little difficult to count. But I am pretty confident about it. The horizontal support lines are possible levels for a good reaction.
Not an advice thought.
YESBANK trade ideas
Yes bank latest breakout Since 4 January 2021, this stock is trading in the range of 18.65 and 13.95. But in today's trading session the stock has given a good upside breakout with higher volume. The volume is approximately 336m, which is very higher as compared to the previous candle. Now this stock will face resistance at 16.90 rupees price level, If this stock breaks this price level then this stock will give a very good upside target. But wait for price action, usually, when any stock gives a breakout, the stock will retest its breakout resistance, which is now acting as major support.
Yes bank support and resistance for upcoming trading session
Support : 15.50 / 13.95
Resistance : 16.90 / 18.60
Conclusion
If stock successfully retests the 16 rupees price level, today's breakout is valid. Otherwise, this is a false breakout. So wait for price action, don't jump into the trade because of just one reason, and the reason is, the stock has given 16% upside movement in today's trading session.
YES Bank - Daily Chart - Positional Analysis - CMP 16.3 Buy foYES Bank - Daily Chart - Positional Analysis - CMP 16.3
Buy for Target 22 - - 30- 43 - 52- 65- 80+
SL below 11
Holding Period 1-2 Years
YES BANK - DivergencesSimple Price Action
With a bullish divergence in both the RSI and MFI, I expect the stock to touch 17 sooner than later.
YES BANK Trading SetupTaking support from previous accumulation, this time should continue till target.
Yes bankthe main draw back with this stock is that it is below 200 EMA. that is not suitable for long term bait but for this stock we have special strategy and what is the strategy that first we enter for short and mid term when the stock cross the 200 EMA. we will continue be in trade for long term but if it is rejected from 200 EMA we will close the trade
Trade after proper breakouts on either sidesBuy
At - 17
Tp 1 - 18
Tp 2 - 20
Tp 3 - 25
Sl - 15
Sell
At - 14.5
Tp 1 - 13.5
Tp 2 - 12
Sl - 16.5
Yes Bank - A Breakout ?We might be watching a Breakout in Yes Bank.
One can buy at Current Price of 16 to 16.5
SL will Be at 15
Target Short Term 18.5 to 20
Target for 3 years is 50+, 5 years is 100+
Note: Its a risky bet. Please stay alert and do your own research before investing. Its only for educational purpose.
YES BANK Trading SetupIn consolidation for some time, now can move up to 25 if cross the given level.
YES BANK FORTUNE !! BUY ? ?YES BANK HAS FORMED TRIANGLE PATTERN. WE NEED TO WAIT FOR BRAKOUT. UPPER SIDE BREAKOUT EXPECTED BECAUSE MARKET AT SUPPORT ZONE. ONCE BREAKOUT HAPPEN WE CAN EXPECT GOOD MOVEMENT IN YES BANK. CHEERS!!!
Never Invest in it, Untill it Prove itself something.Please Dnt look at it for ur better future, its dead snake.
Diamonds r Stoned now !!
Let cross price above line.
prediction : there would be double bottom will occur .Add it to your watch list and sent me your views on this guessing.
#YesBank seems ready for new High.YesBank is at a very critical point, if cross level of 17.50, then the next TGT1@22.65, TGT 2@25.10, TGT 3@27.50
So keep an eye on this.
EMA, MACD and RSI all are indicating strong bullish momentum.
YES BANK Trading SetupAvailable after a good retracement and previous resistance should act as support now.
YESBANK - Bat Formation On the Daily chart, looks like YESBANK is on the way to finish the D leg of Bat pattern. Look out for my SL and Targets on the graph
Disclaimer: Please do your own research before trading this setup. At your own risks and rewards :)
Yes Bank Swing Trade Opportunity Coming SoonYes Bank chart analysis is not possible on daily Tf & not acceptable as Intraday Trading also but you can clearly see that it has broken a potential key level now if the price goes back and retest the area it will be a good area toenter for swing or Positioanl trade based on just tye technical also.
{Ps: Do remember many investors are stuck in YES Bank so they are willing to exit in every bounce}
Entry: 15.30-16.30
Traget: 29.30-30.30
Stoploss:13.30
Wait for price to reach and showing rejection.
-Rv The Trader
