Yesbank broke below its trendline support on monthly charts. Clearly Banknifty has made its life high for next 2-3 years. The 2008 bears are back.
Target : Accumulate Yes Bank around 120 in next 1 year !! Expect 50 - 70 % cut from life highs in all major Nifty 50 stocks barring pharma which is already corrected.
Trade active
Look for levels of 270 - 300 in next 2-3 months !!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.