Good time to buy Yesbank ShareYes bank chart looks very good at the moment to buy for the target 24 in next 2-3 months with a small Stoploss 18.50. Because it has good support at 19. I have recorded a detailed analysis video on it. you can see it.
YESBANK trade ideas
Yes Bank looks good for buying from this level. Yest bank holding Rs. 19 support strongly can show upside momentum till Rs. 24. RS also Positive at this level.
So for positional , short term and swing trade you can consider.
Buy Yes Bank - Low Risk TradeYes Bank is completing a Flag Pattern. If it escapes on the upside, potential for a 15-25% upside. Low risk as it is currently trading near stop loss.
Exit if pattern is broken or stop loss triggered.
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
Can $NSE:YESBANK Will test 40 ?
Dear Followers,
I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:YESBANK I have been monitoring.
It appears that the stock is approaching a potential resistance level Near 24-25 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 18-19 In Downmove.
Resistance Levels to Watch out.
R1= 24
R2= 32
R3= 40
Support Levels To Watchout.
S1= 18
S2= 15
S3= 13
As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out.
Best regards,
YES BANK...BuyThis has broken out of a price zone and a pattern...so the tgt measured from that pattern is clearly 24..I beleive that its good for more..so buy
Will Yes Bank see 400 again?Once a darling of banking investors, it has seen better days....Fortunately almost everyone came in to rescue this bank from going into oblivion....The foundation is strong but due to shoddy management by the ex-CEO it has tumbled down....But, I'm hopeful, and this is the best case scenario I can think of....I'm not going to recommend a buy or sell, Its more of a wait and watch for new investors....I am however investing 1% of my capital every quarter based on its results.....My target will obviously be 400+...
I think i will start its downtrend soonWe can clearly see that it is forming rising wedges in it lets see how it goes
Yesbank ready for corrective wave Yesbank is ready to go on the upside (retracement) for the fall it has given from the peak
On the lower time fame this stock has been in accumulation for almost 3 years
Now there is a proper shakeout for liquidity sweep
Refer chart for details
Potential target 144
Max bullish cycle till oct 2024
Maintain strict stoploss and risk management
#YESBANK INTRADAY TRADE SETUP Greetings Folks,
today i have prepared a setup of YESBANK on NSE
the analysis is as follows
- ideal textbook structure
- static resistance tested earlier
- 2 possible entries which i have mentioned
- imbalance above in the chart which has to be filled
dont play with fire, always use a predefined stoploss
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Parallel Channel
📌 Symbol/Asset: Yes Bank
🔍 Description: Stock is bouncing from a strong support base.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
20% UPSIDE POTENTIAL IN YES BANKBreakout of H&S pattern with huge volumes has been done in YES BANK.
look for confirmations to take it to the upside.
TP1 - 22.20
TP2 - 25
Yes Bank Swing/PositionalI am currently long in Yes Bank , cause it looks good according to my setup just sharing the idea why i am long . This is only for Educational purpose ask your financial Advisor before making any investment decision
YES BANK Daily Weekly Formation of Doji in weekly chart and triangular pattern break out AT PRICE LEVEL 17.55 SUPPORTING area 15.5,16/16.5 .
Showing strength long term
YESBANKYESBANK Chart Analysis.......23/07/23
Yesbank Long - 18
Sl - 17
Target - 19.60 / 20.10 / 21
Enjoy !
Bullish Breakout and Pullback: YES Bank Eyeing Daily ResistanceThe recent price movement of #YESBANK indicated a bullish breakout followed by a pullback near a significant level. It is anticipated that the price will rebound from the highlighted key level, potentially leading to a revisit of the daily resistance established between the 17-19 level.
YES BANK LONGA risky trade, Please add small amount to it. Target and SL has been shown on the chart.
Disclaimer: I am not a SEBI Reg. Analyst. Please do your own research before investing or trading.
reentry on YESBANKInitially, I have entered at 15.75, and will add more quantity on Monday in price range of 17-17.5, for target of 20/22.
Yes Bank Yes Bank -
Trading and not breaking strong Support zone ..
Positive - If stock respect Blue trendline and not break it , then Yes Bank try to break all above resistance
Negative - If stock break down blue trendline and then break strong support then it may fall upto Support -2 for sure
Target - 15.5 / 16
Free Bull Zone - Above 17
Strong Support - 14.5
Support 2 - 13-13.30
YESBANK Ascending triangleIn Daily Timeframe YESBANK can be seen forming Ascending triangle pattern.
It seems like it is breaking triangle resistance, we can see good move upwards from 17.30
Entry: Above 17.30
Target: T1 - 18.50
T2 - 19.50
Stop Loss: 15.85
Disclamer:
This analysis is for educational purpose only.
This is not a financial advice. Do your own research.
#NFA #DYOR
I am bullish on YesbankThis analysis is for educational purpose only.
As you can see YESBANK is at support and giving trendline breakout.
I will post Equity analysis regularly.
Follow for more...
Should you buy Yes Bank?I recently overheard a couple of guys discussing investments and stocks at the gym, and one of them told the other to buy "Yes Bank" as it is apparently at a good valuation right now.
My take on it?
Maybe. Maybe it is available at a so called "discount". But it had also gone down from 400 to 5. Almost 98.5% down from all time highs. Which means it has a lot of investors who are trapped and are just waiting in a little bit of price appreciation and they WILL sell it away. Multiple resistance zones since it has fallen down SO MUCH.
Don't we have better stocks out there in the market, with better probability setups? Don't we have better stocks out there, with stronger momentum potential and very less resistances?
YES WE DO. Then why take a beaten down stock?
Beats me.
buy on dips accumulation going in yes bank next target rs 23, no stop loss, only selling come below 12
