So we have a Two Bottom Reversal very close to 200 MA here. (Likewise NIFTYBANK, NIFTY50 )
Also in MACD, MA wont cross signal for a day i analyze.
And its has broken Down-trend on 30 min frame, with good bullish candle.
Yellow Line = 200 MA
Purple Bar = 15 day support
Green Square = EXIT
YesBank is gonna go up with Niftybank.
With the news of JC Flowers and the volume of buyers with respect to sellers, it atleast gonna go up with 1.5-1.8.
I'am a new trader, hungrily learner. Hoping to raise my Rs. 500 capital i just made Rs 4 on YesBank today. and also lost Rs. 5 at the end of the day.
I have made some amatuer technical analysis using my...
