YESBANK trade ideas
YES BANK INSIDE A DESCENDING TRIANGLE WAIT FOR A BREAKOUT!MARKET ANALYSIS: The market is trading inside a descending triangle pattern. Now if the market reaches the demand zone, we can expect a triangle breakout in the upside. Once the breakout happens the market will start its rally to the next possible major supply zone at the 1718.
Alternate scenario: If the market breaks the triangle support level, the trade will become invalid. So lets see what the market does in the coming days. Cheers!
YesBank - Triangle - Breakout abv 1289Triangle in making
Breakout abv 1289
Triangle height - 100 points
super correction in yes bank after a superb rally the super giant yes bank is heading for a super correction
it may go down to 1138 levels or might even touch 1082 levels
YESBANK near key Fib Extension after pent up rallyYESBANK near key Fib Extension after pent up rally. Reversal to mean high prob
yes bankNSE:YESBANK
Yes Bank strong moving upside close at 1259.75 (+28.20) (+1.87%). We took long call option with credit fantastic profit booking today.
Happy trading
Short Yesbankpin candle formation at top indicating reduced bull momentum and a deep correction expected till 850 levels however trade management rule says to exit at 930 and maximum 900 levels.
YES BANK SELL SETUPTHIS STOCK HAVE SHOOTING STAR ON DAILY CHART SO WE ARE GOING TO SHORT THIS STOCK.ENTRY STOP LOSS AND TARGET GIVEN ON CHART.
IF YOU ARE AGREE WITH MY VIEW THEN PLEASE HIT LIKE AND FOLLOW ME FOR MORE UPDATES AND IDEAS I REALLY APPRECIATE THAT.
TRADE WITH CARE
REGARDS
KING999
