YESBANK trade ideas
Yes bank4 points, wait for a Breakout or breakdown
Disclaimer: These are only for educational purpose and in no way should be construed as trade recommendation.
Please take your trade calls independently, only after proper risk management.
yes bankyes bank formed bearish flag pattern so it would touch 120-110 leveks un coming days.. as 132-136 is support level can go up to again 150 level and then free fall to 120 to 110 level...
AT support level of RSI. Do your own analysis. Upmove on MOnday AT support level of RSI. Do your own analysis.Upmove on MOnday only
BearishMay find support at 82. If it turns bullish the first target will be 120 in intermediate term
YES BANK: Neither BUY nor SELL. Just Stay away from this stockNSE:YESBANK
As per 5 year chart view, Yes bank has been pulled down from 400 level to 100 Level. Approx 75% of the price has decreased in past 1 year. Many people will be buying in dips in the hope that it will rise 1 day. But if the stock is fundamentally and technically good stock. Then, you can buy in dips. But Yes bank is weak in both fundamental and technical. I can see its next stopping in 80 zone which is mentioned in chart. If it Breaks 70 level. Then next level of rest will be 50.
A Bank which 50% of the price is decreased in 1 and half months (20 Aug to 24 Sep 2018). Then think how much weak is that stock.
@ Yes Bank holders think realistically and take decision.
@ New Traders who are thinking to invest in this stock - Stay Away.
Think, Research and analyse on your own before taking any decision :)
YES BANK - TO 118, BEFORE THAT....HOUR CHART HAS GIVEN A SELL SIGNAL AND THE PRICE IS IN THE BEARISH TERRITORY.
THE STOCK IS IN THE DOWNWARD CHANNEL.
THE STOCK MAY GO DOWN TO 106 - 104 LEVELS.
ALSO, THE DIFFERENCE BETWEEN BULLISH & BEARISH AREAS IS VERY SMALL.
ANY WAY, STOCK IS POISED TO MOVE UP TO 118 (INDICATED BY THE CLOUD TWIST).
longwith stoploss of 108 can be bought for 125 levels.
after a sharp upmove it is consolidating in a range..so after breakout from this correction it will move for upside.
Yes Bank : BuyBuy Yes Bank at 112 SL 98 TGT 138
Positive divergence on RSI and CCI.
RSI Crossover + CCI Crossover above -100 line
Moved within BB -2 SD and volume is high. + BB is expanding that means likely chance oh high momentum.
YES BANK - ENTER LOWHOUR CHART SHOWS A SAUCER IN FORMATION.
CLOSURE ABOVE 115 WILL SEE 120 & 128 PRICES.
BREAKING BELOW 108 WILL MAKE THE SHARE TO SEE 102-104 AGAIN.
BETTER PLACE BUY ORDERS AT 102-104 LEVELS AND A SPIKE MAY BE HAPPENING TOWARDS TOP.
KEEP PROPER STOP LOSS AT 100.
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.
Bullish BatBullish Bat - YesBank CMP 112 | PRZ 101-102 | Stop Loss 98.7 | Target1 108.8| Target2 111.1
YES BANK - 3 BLACK CROWS APPEARANCE??MONTHLY CHART DEPICTS THREE BLACK CROWS FORMATION.
LET US WISH THAT JUNE QUARTER RESULTS & NEW INVESTMENTS MAKE A REVERSAL OF PRICE TO 175.
CHARTS IN DAY SHOW SLOWING DOWN OF THE PRICE FALL.
MAY BE THE SHARE PRICE REACH 100 AGAIN AND FORM DOUBLE BOTTOM AGAIN.
ALL THE BEST FOR LONG!!
Yes bank analysisShort at the mentioned level for said target and sl. And please, just because i have mentioned short at 275 level doesn't mean you will go long from here till 275. Why? because of alternate counts, which I am not posting. Go long if and only if you can manage your trade and know what are you doing.
Thank you.
