#YESBANK breakout trade setup (18/07/2024)Greetings Folks,
today I have prepared a setup of
NSE:YESBANK on NSE
the analysis is as follows-
- the price has been consolidating in a triangle pattern for a while
- its right now trading near the trendline support
- wait for the proper breakout in either side, i am not biased towards a particular direction
- i have chosen small targets regarding the upcoming pre budget volatility
don't play with fire, always use a predefined stop loss
Yesbankprediction
YES YES YES finally YES bank on rounding bottom reversal Finally last 4 year wait for investor is over yes bank is ready to give a spike chart pattern and technical showing rounding bottom reversal now price is 17 my TRG for 21/24/28 and if that break 28 we go for 42 but that always came down on 21 so once you get profit book that profit. happy investing to all.
Yes!! Bank investment opportunity.Yes Bank consolidating,
reasons to invest
1. stocks holding this value after major devaluation.
2. value buy here since stock value is pretty close to the book value of the company.
3. New management and support from State Bank of India to overturn things.
4. earnings are getting progressively better each quarter.
thank you
this is not financial advice!
YESBANK SYMMETRICALPATTERNHello
Welcome to this analysis about YESBANK , we are looking at daily timeframe perspectives. YESBANK in recent times heavily decreased with bearishness however it now moved into an oversold condition. YESBANK is developing here that will be a decisive factor in the upcoming times. I discovered the main formation YESBANK is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how YESBANK has emerged with this key YESBANK SYMMETRICAL PATTERN marked in my chart with the black boundaries. YESBANK is near support region which is an important support and also psychological support-mark together with the lower-boundary of the YESBANK SYMMETRICAL PATTERN a pullback
In this manner, thank you for watching my update-analysis about YESBANK and its major YESBANK SYMMETRICAL PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
YES BANK: BULLISHAs per Institutional Order Flow and Price Delivery Analysis, I'm bullish on Yes Bank.
There has been a stop run to stop out all retail traders aka, a purge in the liquidity and immediately a bullish candle to push it upwards.
Disclaimer: I am not a SEBI Registered Advisor. This post is purely for educational purposes only. I will not be responsible for your profit and loss.
Please confirm with your investment advisor.
Likely Bottoming out and starting move higherYES BANK
has made a severe sell off with huge volumes in previous sessions and has been consistently raising these sessions..
Volumes picking up and the RSI has broken the Ascend.. Triangle pattern..
YES BANK likely to touch the 1 and 1.618 fib levels on short term before loosing its momentum..
* Once has to be careful; as this is a sell on raise type of stock..
** Be aware before initiating long positions..
Yes Bank- Weekly SetupYes bank weekly trend is up and price has taken resistance from 4 time from 922-394 zone. It has formed strong bearish pin bar on daily chart which is sign of sellers are in control now. I will wait for the price to come at 386 level for good risk reward ratio. Always book 75% at first target and trail remaining for final target.