YESBANK trade ideas
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.
Long at Rs.255Current Market Price Rs 255 is at demand zone , few days back 3 days strong upside movement observed by institutional investors. Stock is in uptrend , on the resistance side Rs 285 is the resistance once again. Stock may break t to fill the GAP formed previously.
YesBank short term bullishYesBank daily time frame short term bullish if 172 holds then up till 191.70 if not then down to 134.
YES BANKrefer levels, buy when price break today's high keep Stop Loss 229. buy after 3 pm see tomorrow price action and order flow
YESBANK Short Setup Gave idea of YESBANK long few days back but it failed to hold a strong support level and has now retraced back and has formed an engulfing pattern .
Can go short below 146 with a stop loss of 159 for targets to next weekly support level of 135 and then 120 .
a long term bet ?Bearish Cypher harmonic pattern in making on weekly chart of Yes Bank. leg XA, AB is completed and BC should be completed at 140 level which should acts as long term support. Now leg CD would be completed at when stock prices nears 350 level. downward movement would start thereafter.
Disclaimer : This is for education purpose only
YES BANK - INTERESTING MOVESINTERESTING TRADING SCENARIO IS EMERGING!
THE SCRIP "SEEMS" UNABLE TO MOVE BEYOND 157.
IF IT CROSSES 157 THEN 166 / 169 AND 172 ARE THE LIMITS HIGHER SIDE.
IT IS AT SUPPORT @146.
IF IT BREACHES THIS LVL, THEN EXPECT 130 AGAIN.
WHICH DIRECTION WILL IT TAKE?
MONEY FLOW IS NOT GIVING IDEA.
MY IDEA IS BUY AT LOWER LEVELS FOR FUTURE TARGETS OF 175 & 190.
#Yesbank Bullish Shark is formed @in_tradingviewNSE:YESBANK
T.me/QuriousBox
Expected PRZ 137 140
SL 131
T 148 159 170
Only for Study Purpose
YESBANK - Bearish Shark - 4H TFBearish Shark pattern on 4H Chart of YESBANK. SELL 155.5-157.
I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s) & SL levels, which I'll be posting when I get proficient enough to.
Say YES to YES BankBuy Yes Bank at cmp 147 SL 143 TGT 160.
It has come out of consolidation with moving average cross over on hourly chart. Volume is good on breakout from consolidation.
[Positional] Yesbank Rounding Bottom FormationBuy June futures .
Conservative people can short Yesbank 140 PE.
YESBANK LONGLooking for long opportunity in YESBANK for intraday trade.
it has shown strong bounce back from lower level with heavy volume.
BUY ABOVE 148.50 TGT 152/157 WITH THE SL OF 143
Buy YesBank positionalAs per charts it strongly bearish. 132-128 is strong support zone and is unlikely to be broken. Its beaten down and risk to reward ratio at current stage is very good. People having short-mid term view can add it to their portfolio with protection or sell 130 PE at 7 rupee premium where breakeven goes upto 123.
YESBANK BUYTHE MARKET PRICE HAS REACHED MEGA SUPPORT, NOW IT WILL GO UP
TRADE WITH STOP-LOSS AS CURRENT MARKET IS FACING ISSUES.
