Yes Bank - Long Long

YES BANKNSE

Description

⋅ Oct 24, 2018 9:41 AM

Formed an Inverse Head & Shoulders. Currently retracing. Should bounce back with higher volumes.

Additionally, showing support at .618 retracement of impulse wave 1.

Side note, quarterly results to be released on October, 25th.

Comment

⋅ Nov 16, 2018 11:02 AM

Has hit retracement of .382 of current upward trend. However based on volumes, candles, MACD and other indicators, further downside is possible.