YES BANK might give a good positional opportunity..
entry above 25 or 25.5
with a Stop loss at 22-22.5
for TARGETS like 28,32, 45, 80++
Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go
I am not sebi registered this is my personal view
yes bank - long term view can be seen and expected in the stock. Aggressive momentum can occur if the stock gives a consecutive closing over 26.
resistance at 26
support at around 20-23
track the stock in the next week, break out is possible......
note: i am not a sebi registered investor, this idea is for educational purposes only
trade at your own risk
This is another example where following rules led to loss, but this loss was much better than the loss that would have happened if we held on to the stock.
Since, I do not know any holy grail strategy that can always result in a profit, I prefer to follow a set of rules consistently.
Daily Chart
Yes Bank
Flag Bullish Pattern Formation
CMP : 19.80
Target : 26.4
SL : 15.80
Risk is yours and Reward is too yours totally.
My view is for educational purpose only
yes bank now rejecting downside 14 levels and taking major support.
And heavy Net volume is increasing on everydownside levels @ Rs. 14
So upside move is possible to 20-26 levels.
Yes Bank chart looking good ...for price level arrival around 48 and 75 ...
Good consolidation...No buy recommendation. Chart is just for study purpose. Investing in equity carries risk.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Redline = Stoploss
Greenline = Resistance (book half and trail)
Blueline = Possibility.
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Tips can come from all-weather friends, relatives, financial analysts, TV channels, social media and many other sources. Consider the suggested stocks 'only' as potential candidates.
Never invest without your own further analysis.
At crucial resistance this stock is trading this week and if it breaks the zone then it has good momentum for quite some period.
Currently their fundamentals starting to develop and their price needs to move upward.
YESBANK BO with volumes, large base formed.
You know the buyer interest is serious when weaker names like YESBANK are showing strength and breaking out of large bases.
Banking is getting some serious investors now looks like.
Keep on the list with other previous names shared : SBIN and ICICIBANK
As the company has improved its fundamentals and Its NPA is coming close to be as good as HDFC and KOTAK , pervious the issue that this company had was due to the management, but the management has been replaced with experienced management (ex-sbi and ex-icic). so sooner or later this stock must give an run up.
yes bank share which is in down trend since past year and consolidating in lowest range (16-10)for few months . it try to close above 200 dma with 50 dma crossing above 200 dma few months back around 15.50 roughly but not sustained.
now price closes above 200 dma since few days and now just near to cross 50 dma crossing 200 dma . with some kind inverted pattern...
yes bank was technically good, As per me upcoming weeks are bullish, just read again the upcoming week not days,
so just invest and the rest of leave for the market.
support area I'll mention in the chart Area.
And Target Area would be I'll mention the trend line. so pls think bigger picture.
you'll get an idea on investment.
This is only for educational purposes only.
![YESBANK: YESBANK BO [DAILY]](https://s3.tradingview.com/p/pewQOMbV_mid.png "YESBANK BO [DAILY]")
