Yes bank at resistanceShort yes bank from the current position.
It is a very strong resistance level for yes bank.
The target is of 20 points.
YESBANK trade ideas
YES BANK Moving in a ChannelYESBANK has been my favorite to trade for last 6 months since the fall from highs . Have been trading it in and out for many days . It is now moving in a parallel channel and resting on a support zone. Can go short at CMP or break of level .
Good candidate for short as long as it doesnt go over 238 levels .
YesBank_Edu PurposeThere are multiple gaps to be filled, stock didn't sustain above R1 level (238-239) and RSI is above 70.
50 SMA crossing 100 SMA from below.
YESBANK FORMING ASCENDING TRIANGLE CMP 184.40DATE: 24-12-2012
YESBANK CMP 184
YESBANK FORMING THE ASCENDING TRIANGLE
RESISTNCE 198.30 AND THE RESISTANCE1: 160 RESISTANCE 2: 146.75
KEEP EYE ON BREKOUT WITH VOLUME.
YESBANK AFTER DOWN PUSH YES BANK CONSOLIDATING AS OF NOW
BEST BUY ZONE 180-175 FOR TGT OF 260
OR ELSE WILL BUY IT AROUND 222 FOR TGT OF 260+
Positional in yesbank march (fut)positional in yesbank
march fut
Two-inside bar break-out was seen on friday
buy@222.5
stop@217.90
tgt@232
qty:1750
lot:1
YESBANK is reviving itselfAppointment of new CEO breathed fresh air in to the company. But, the latest news of RBI threatening action against Yes Bank leaves the lit candle in gusts of wind. The hope is bleak but I presume that Yes Bank will come out of this chaos one more time. So, taking a LONG position for 250+ by this month end. Fill that gap.
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 NSE : YESBANK : Monthly Analysis : Long | Short | LevelYES BANK NSE : YESBANK : Monthly Analysis : Long | Short | Level
Important levels for Yes bank
Upper side :
230 , 270 , 295 , 305 , 330 , 380 , new 52 week high
Lower side :
215 , 180 , 155 , new 52 week low
NSE: Yes Bank Possible Short below 233Charts still not very positive until it crosses 233 level.
Possible short @ current level with stop loss slightly above 233 for a target of 180 level.
Use stop loss
Close above 233 on daily basis will open a Long position for a target above 245 +
