YESBANK trade ideas
YES BANK LIMITED (ELLIOTT WAVE)Today Yes Bank Limited came into my Radar when seen this stock in 2nd Wave.
Please do fundamental and technical analysis before going for trade execution.
Technically it looks in 2nd wave and moving for 3rd wave. As per price action it had broken out from the above tredline and has retested the breakout levels.
Minimum target if I am not wrong will be 19.
SL would be as per your risk appetite.
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Regards
RISKY TRADE - BUY YES BANKBUY YES BANK AT CMP & ACCUMULATE UPTO 11
Presently in clear bearish trend. Trend Change expected only on decisive closing above 14 on Closing basis for Targets of 16, 18, 20++
SL 9 on Weekly Closing basis.
PS: Invest only that amount which you can afford to loose.
Disclaimer: All Charts are for educational purpose. Please consult your financial advisor before investing.
YES BANKYes Bank is taking support at 200 day moving average, simple trade based on trend, refer chart for entry exit Sl levels. Thankyou..
YES Bank - Accumulation & Double BottomWeekly Time Frame - YES Bank has made a double bottom on the weekly time frame
Daily Time Frame - On the daily time frame, YES Bank is trading within a descending wedge. One can see stock consolidating around the level of Rs. 11 which is also the lower side of the descending wedge. If the stock sustains to trade and consolidate above the level of Rs. 11, a breakout of the descending wedge can come in mid or end of October'21 and we can expect YES Bank to test its 52 weeks high of Rs. 20.50.
Events that may trigger the breakout
1. FY 21-22 Quarter 2 results.
2. YES Bank may complete setting up its ARC after finalizing the 12 firms which have shown interest for the same.
3. Government rescuing Vodafone-Idea. YES Bank has around 4,000 Cr. of unsecured exposure in Vodafone-Idea because of which YES Bank's stock was under pressure after the resignation of Kumar Mangalam Birla from the post of non-executive chairman and director of Vodafone Idea (Vi)
4. Multiple rating agencies upgrade for YBL.
yesbank is a screaming buystock completed the 5 wave down move and also made a double bottom signalling the start of up trend....
Yes Bank Trend change breakout Yes Bank Trend change breakout
Yes Bank Trend change breakout was given at 12.10 (wait for today's closing). Now, the downtrend is over for the short term.
Following are the targets
Target 1: 15.30 (15 days)
Target 2: 17.30 (25 days)
Target 3: 20 (35 days)
Stoploss: 10.30
Happy Trading!
SABKA LADLA YES BANKafter long time stock given breakout and momentum is coming in stock
can be good for swing above
NOTE: risky
for educational purpose only
Inverted cup in yes bankThis is inverted cup formed in yes bank ........
It will boom while forming handle
Yesbank lets punp this scam af and make it a gud coin againYesbank lets punp this scam af and make it a gud coin again
YES BANK ...weekly levelsYESBANK now exactly in double bottom at rate of 11.10 in weekly candle
Its possible to move up direction from this point
Yes Bank at long Support for BuyYes bank at multiple year support at 12.20. may be good investment idea.
Yes bank buy at CMP for quick returnYes bank at the lower side on parallel channel. Buy at CMP for quick reversal. SL 10.80
BUY YES BANK BUY YES BANK AT CMP & ACCUMULATE UPTO 11
Presently in clear bearish trend . Trend Change expected only on decisive closing above 14 on Closing basis for Targets of 16, 18, 20++
YESBANK............ Should you say YES ???worth a buy only and only above 13.55 closing basis
shop at bottom levels marked...
levels valid for aug 21
YES BANKupside only above 13.4. below 11.1 it can touch 8.5 - 7.1 - 5.15.
new yearly high of 26.7 possible if it doesn't go below 11.9 as a decent breakout is on chart is visible.
yes bank analysis!yes bank analysis, it very easy to understand on chart!
you can see a triangle pattern formation!
pls note yes bank is in strong sell journey pls do your analysis before investing!
it is not a trading advice!
YES BANK OPPERTUNITY @ 13 TO 13.5 LONG @ 120 TRADING DAYSYES BANK OPPERTUNITY @ 13 TO 13.5 LONG @ 120 TRADING DAYS HUGE AMOUNT PROFIT. & YOU NEVER SEEN YES BANK PRICE BELOW 10 REMEMBER.
