AnbHfund

YesBank: Short on Bounce !!

Short
AnbHfund Updated   
BSE:YESBANK   YES BANK LTD.
Yesbank broke below its trendline support on monthly charts. Clearly Banknifty has made its life high for next 2-3 years. The 2008 bears are back.

Target : Accumulate Yes Bank around 120 in next 1 year !!
Expect 50 - 70 % cut from life highs in all major Nifty 50 stocks barring pharma which is already corrected.
Trade active:
Look for levels of 270 - 300 in next 2-3 months !!

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