YESBANK two heavy demand zoneYESBANK have two big demand zone
1st demand zone 10 12
2nd demand zone 05 07
Go long near 11 13 with CBSL 10
fraction theory target 18 21 24
Note - Big break out area 25 (MCB)
YESBANK trade ideas
Yes Bank, bullish gartley Yes Bank bullish gartley + Elliott wave c complete,
Here problem is banking sentiments are negetive.
So , personally I'm watching
If yes Bank fall and enter in best buy zone ( 13.50/12)
Then I think consider,
# share learning
Learning for who read this message, I know no one 😅
*basically I observed
Strong large caps fundamental,bluechip company best buy zone is Fibonacci 0.618 area
And small cap company best discount area to purchase is Fibonacci 0.886 area
This Fibonacci support number help purchase company at discount.
YESBANK has a target of 41.5Stock has a crystal clear target of 41.5.....notice the confluence of S<>R, AVWAP and UM
Breakout stocks for 03-12-2022 for Swing trading #hindalconifty performed good today, there are 3 stocks recommended today please check out in the video
Yes Bank Please refer my last post on yes bank.... The last upmove which I considered as a motive Impulse was actually a corrective Impulse C of wave B of higher degree.... Now the current downside move is fast and looks impulsive so it may be considered as C of Higher degree... According to this it should finish below 12.25 but finish above 12.25 as it is Irregular Correction. Rest it is shown in chart.
YES Bank Next Move (Within next 3 Months)All indicators or previous chart history showing upward movement of YES Bank BSE
This is buy trade setup and valid for next 3 months...
All analysis is based on historical data and some calculations based on RSI indicator...
So, do your own research before trading this stock...
Thanks for your support...
Yes Bank Bullish ViewTried to plot yes Bank chart. A very complicated and typical EW counts... according to this chart lower degree wave 3 o hogher degree wave is completed and the correction also completed which is internal wave 4....Now stock may again resume the uptrend. Buy @Cmp for Tgt of 28/33 with SL 20.5
YES BANK> YES BANK
> Breakout with good volume
> My opinion good above 20.75
> Invest at your own risk <<
> Cmp - 19.70
YES! YOU CAN SAY IT IS A BREAKOUTYes bank breached a strong horizontal trendline after so long time and gives rounding bottom breakout after a long period of consolidation and downtrend now it is looking strong again, on Bollinger band indicator it gives a breakout on it's upper band of that indicator and volumes are also very encouraging so we can see it could play a strong momentum for upside from here in coming sessions. Happy trading with Trading View.
Can be initiate long position in yes bank?in last 2 trading days, yes bank already moved 20% and reach a one-year-old resistance levels as you can see in chart.
now the question is that we should take entry in yes bank after such move.
in my opinion, I will take entry in yes bank once its close above 21
Long YesbankYesbank is looking good for short term and long term perspective. We can buy hold for next 1-2 year .
Target would be 72+ SL below 15
#YESBANKthis stock is looking good bcoz bank is performing well post its poor days, able to regain its lost fame, refer chart for support and targets in weekly time frame.
BUY Yes BankBuy YES BANK you must be profitable.
After long time its showing positive breakout.
Don't miss this opportunity.
32 # Yes BankCan NSE:YESBANK be a Multi Bagger Stock ?
Reason Being:
1. Stock Consolidating in the zone of Rs. 10 to 20 for almost 2.5 years
2. Resistance Breakout with Heavy Volume
3. Breakout with Rounded Bottom Formation indicating a reversal in the NSE:YESBANK
4. OBV showing a successful Breakout as OBV
5. EMA 20 Crosses Above EMA 50 in Weekly Time Frame
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#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education purposes.
Yes Bank : Bounce Back StrongerYes Bank :
Is this ready for a strong bounce back !
Round Bottom formation in progress
25 seems to be on the cards
Immediate support at 18
Nothing to loose Say Yes for this BankNSE:YESBANK
Entry Rs 15.5 +
Target Hold to 2-3 years
SL Not Required
Time: 2-3 Years
CMP 15.65
Qty: 500 Shares
Yes bank has formed two times demand zone on weekly basis , this indicates strong support from the Banks/ Institutional buyers, worst has gone there is nothing loose. Buy and hold for the 2-3 years time frame.
Yes Bank Ltd (YESBANK): Is it time to say "Yes" to the bank?Today, Yes Bank broke the 28 week consolidation high of 15.05 with good volume. But ended closing marginally below at 14.70
Important to note, it crossed the important levels of 50, 100 and 200 day Moving average and closed above it. This can be a positive sign for the stock. However, the next few days are important to see how the price behaves.
It might consolidate between 14.25 and 15, or else if the momentum continues, and the price action sees good volume above the level of 15, then we can see a level of 16 and 18.
The current 200day exponential moving average, at 13.85, can also also act as stop loss level.
However, strictly follow your stop loss at 5-8% or as per your risk management.
Yes Bank Sharp Price JumpYes Bank saw a sharp upwards movement in price following the news that Private equity majors Carlyle and Advent have got the Reserve Bank of India's (RBI's) nod to own up to 9.99 per cent in Yes Bank. Go long above 20 rupees while that will then become your stop loss. I do feel the major issues of Yes Bank are behind it.
Different Methods to Identify Perfect Entries with ConfluenceBasics of Trading and the areas of interest of every trader to have minimum knowledge to understand the market and its movement.
Volume Based Entries
Basics of Volume When the price is trending volume will be above volume moving average that will be considered as trend, when volume is too high in a session thats higher than 3x to volume moving average that will be considered as climax which means maximum orders are filled in the exsisting trend. Apart from stocks if such Climax pattern in volume in any format is seen then consider there might be a reversal soon. If one is trading in the stocks you get to see this ultra high volumes in gap ups and gap downs, now you will have to know what sort of gap it is to take entries which we will discuss in the Gaps later.
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Gaps
Gaps theory needs to be understood properly, over 4 kinds of Gaps are found in charts. Simple understanding follows :
Common Gaps : Normal gaps that happen every day with in a ranging market
Break Away Gaps : If a range/pattern/Support or Resistance is broken with a gap that is called break away gap. This sort of gap happens in the early stages of trend.
Running Gaps : After breakaway gaps rest of the gaps if happened towards the trend is called running gaps. as long as there is an exhaustion gap.
Exhaustion Gaps : This Exhaustion Gap happens either up or down after an up trend or the same in a down trend. These gaps gets filled giving an idea that the trend has ended.
Consolidation Areas
Consolidation areas or the trading ranges are to be considered as Support & Resistance areas to identify for patterns like Triangle, wedge, flag, pennant, or rectangle patterns. good areas to look for gap up or down and volume to identify breakout for the next move or plan for the next session.
Fib Extension & Retracements
Fibonacci extention and retracements is the basic knowledge that any trader who is willing to learn about technical analysis should be considering learning in depth, its a basic tool that gives you a lot of info, Basic knowledge to know is Fibbonacci Retracement is used to identify the entry and Extension is used to identify the exit. levels of interest are called the golden ratio i;e: 38%, 50%, 62% this is where majority of the reversals happen, these can be considered as Support & Resistance zones to look for breakout entries
Support & Resistance
Every traders nightmare is to understand or identify S&R in the initial days of your trading is not because you cannot ... it is because you are too curious, anxious, exited to enter into a trade, once you calm down and try to understand the market its not that hard to identify them ... S&R areas are the reversal zones or breakout zones it is going to be a big topic if tried to explain the whole concept so lets just stick to basics and use pivot high and low and FIB levels as your support and resistance zones for now.
Trendline Breakout
These are first thing that any trader learns try to master them, a perfect trendline is considered a strong support in uptrend or resistance in downtrend when it has respected this line for least 2 times from its start point. A breakout gives you and opportunity to enter in to a trade.
Elliott Wave
This is not considered as entry point in the initial stages of learning but one should know the basics of elliott wave to identify the trend we are in by looking at the leg we are in and you can calculate the trend by given wave length through fibonacci ratios. Only thing that you need to know is that market doesnt move in a straight line like you see in elliott wave picture above there will be waves with in waves.
Try to bring all these together as confluence to understand the market move and take entries.
Note : Train the eye to identify the structure, then comes the logic and explanation.
