YES BankYES BANK
1> Large Cap
2> UnderValued
3> P/E ration Good
4> Debt to Equity Ratio is > 10 - Rejected
YESBANK trade ideas
Yes BankCurrently Yes bank is in DZ 215-225. If breached with heavy volume , next tgt with be 140-150...how many of you are agreed...Your views are appreciated
Yes BankBoard meeting tomorrow..
Seeing all the Data could be a quick trade going long close to 220 with hopes for a short term bounce. 219 seems to be establishing as a support.
Curious Case of Yes BankNSE:YESBANK fell almost 31% as it hit a low of 218.1 which is almost the same low that it hit in the end of 2016 and the starting of 2017. A strong support is placed at the same level.
RBI has asked the CEO and MD of Yes Bank, Rana Kapoor , to leave his post which lead to such a big intraday fall. Yes Bank has been given time till January 2019 to find his replacement.
Has the market over-reacted ? Has this fall provided a good investment opportunity in one the best bank in the Banking Domain? Or Will this news continue the fall in Yes Bank in the coming days?
Yesbank ResistanceShort at 329 with stop 329
Long 2 lots above 329 for targets 332 and 342 with stop at low of hourly breakout candle
After recent shake out , Yes Bank may gain strength above 330After recent shake out , Yes Bank may gain strength above 330 level
Yes Bank SupportLot Size - 2750
Short 320 PE immediately for target 0
Long 340 CE with stop 332
Long 340 CE with stop 325.5
Long Fut with stop 325.5 for target 400
YESBANK could be a long towards 408Expecting this (400 - 408.75) to happen above 366 in #YESBANK ... 372, 384 could be interim hurdles. This view becomes invalid if it closes below the red line in the chart
Yes Bank : At Trendline Breakout retest and 50% fibo level Yes Bank : At Trendline Breakout retest and 50% fibo level
YesBank : Long Yes has been trading above weekly breakouts and was consolidating and now it seems that Wave 3 rally is about to start after a correction from 400 to 362.
Long YesBank -- Initial Target -- 440 With SL @ 359-360 Closing Daily Basis.
See how yes jumps from the support of 363.
Yes Bank : on strong Up Trend , stock may make new all time HighYes Bank : on strong Up Trend , stock may make new all time High
YESBANK - BULLISH BREAKOUTYESBANK
CMP 393
Target 460 plus (Trail 20 wk MA)
Stop 365
Nice H&S sort of breakout
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.
Yesbank Analysis Yesbank is at No Trade Zone. People call it neckline as well. This zone acts as support or resistance but gives a massive move otherwise from these level.
Positional is definitely not recommended!
The maximum one can trade is buy it if the PDH is broken because it created a swing low but there is no trend at all. So immediately one needs to TSL it if the trade is taken.
YesBankThis kind of Flag is much reliable provided market condition cooperates. Today it tried to breakout but could not succeed since Nifty made small correction.
YesBankBuy 390, Trgt 410-15, SL 384. Rationale: A Bullish Flag is forming. (See the earlier call on Maruti).
