YES BANK - BUY AT SUPPORTS!!THERE IS A VERY GOOD SUPPORT AT -
159 AND 140 AND 118. TRY TO BUY AT THESE LEVELS.
AS PER THE CHARTS, THERE IS A TENDENCY FOR THIS SHARE TO REACH 227 & 232 LEVELS.
REASONS COULD BE FUNDAMENTAL IN NATURE.
YESBANK trade ideas
Yes Bank at Gap resistance.Yes Bank has travelled a lot on the upper side. Now major resistance in the form of Gap awaits. it has to cross for any upmove. For now correction from the Gap resistance.
YESBANK YESBANK Trades using Blue Sky Plus Indicator. Spend less time in doing analysis. Just plain follow the indicator. Message or Comment to get a free trial of the indicator.
YES BANK - BUY ABOVE 290 FOR A HIGH PROBABILITY TRADEYesBank
cmp 276
Target 400 plus
Stop 265
Long suggested ABOVE 290.
Logic:
1) Nice rounding bottom formation.
2) Shorter MA crossed 50/100/200 ma.
3) Bull candles accompanied by above average volumes and pullbacks accompanied with low volumes.
4) Long suggested above 287 which is the last key notable resistance zone. Ideally above 290 to give room for false breakouts.
Disclaimer: I have directional long positions in yes bank.
YesbankYesbank Trades using Blue Sky Plus Indicator. Spend less time in doing analysis. Get Disciplined. Just plain follow the indicator. Message or Comment to get a free trial of the indicator.
YESBANK Clear Idea on how to trade with S/RYES bank looks bullish on the daily chart technically. The trade setup would be as follows
If the closes above 1 the target would be 2 & 3
It is also forming a bearish upwards triangle.
Long Yes BankYes bank is currently trading in strong buying zone, it has tasted its crucial support of 305 twice in last 10 days, currently it is undervalued compare to its peer, there is high probability that it will shoot up from here. One can take long position, my target for yes bank is 380 by December, 2017. Fundamentally, this stock is very strong.
100 Monthly SMA Proved to be better Indicator 100 Monthly SMA Proved to be better Indicator than 100 Month Exponential moving average
For YESBANK 200 Monthly SMA For YESBANK 200 Monthly SMA Proved to be better Indicator, it touched the SMA and rebounded from 200 SMA
YES BANK - DOUBLE TOP / RSI DIVERGENCEIn daily time frame of YES BANK ....a DOUBLE TOP with RSI DIVERGENCE occurred ...
so we can ENTER SHORT like RISK REWARD shown in the chart
Yes Bank LongYes Bank is ready to start upward journey risk reward favour long as well . Positional trade not day trade .
If 20% returns possible in YESBANK ,say YES to this stock ,208? Lets try this for 20% upmove from here
YesBank Moveif breaks Support level 0f 175 it will be easy to fall 163 great opportunity to buy from here to the direct profit of 39 % if holding and having patience for more than 40 days from buy zone sell@278
