YESBANKNSE:YESBANK
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
YESBANK trade ideas
YES BANK: The wealthy always have a financial edge 🙅♂️🌟 Here's a Harsh truth in the world of Finance, " The wealthy always have a financial edge" 🙅♂️
💰 When we chose to invest in the safety of gold , they opted for Fixed Deposits (FDs) and relished high-interest rates.
💰 As we transitioned to FDs, interest rates gradually decreased and they moved into real estate, reaping capital appreciation🏡
💰 When we ventured into real estate, property prices stabilized and they ventured into Mutual Funds, reaping double-digit returns. 📈
💰 As we embraced Mutual Funds, returns began to dwindle while they transitioned into individual equity investments, enjoying significant tax-free returns. 💹
💰 Now, as we guide our investments toward equity, we face lower returns, taxes, and market manipulation.
Now the important question is, What is attracting the rich money now?? #Finance
#yesbank#yesbank stock was in continuous uptrend, however from last 2 Months it was making the base at lower level after a sharp upside around 32.8, Today the stock is trying to recover with volumes, so once it will cross 26 level, it can touch 27.3 and then 29.6 in next 2-3 Months. Keep stop loss below 23.2
YESS YESSS Finally giving long due breakout buy buy buy ...
Hello All,
I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits.
If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading.
Gautam Khanna
Technical Analyst by Passion :-)
Found Channel Breakout in YESBANK on Weekly ChartPoints To Remember :
-Channel Breakout Confirmed.
-Crossover Of 50 and 200 DMA Confirms Trend Change.
-Consolidation/Retest Required Before Entry.
Feel free to message me personally to enquire about any technical analysis of any particular stock.
Thank you
Whaaa Yes BankThe backbone of the Indian economy is its banking industry which offers several profitable investment options, one of which is Yes Bank. However, in the past couple of years, the bank lost its value due to management and other reasons. But since November of the previous year, Yes Bank has made a strong comeback. Not too long ago, investors were hesitant to invest in it, but now, due to its impressive performance in the last couple of weeks, people are eagerly investing in it. If you take a look at the monthly chart of Yes Bank, you will see a wonderful rounding bottom pattern with outstanding increases in volume.
Yes Bank Price ChannelYesbank gave a super breakout above 24 on a weekly Chart...
B/O after a long consolidation...
So thought of posting the Price channel...
Levels marked.... Use it for your trading...
Keep Visiting this chart for viewing the Price Action
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