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scorpiomanoj
Dec 24, 2017 4:09 PM

Yes Bank - Shorting opportunity Short

YES BANKNSE

Description

Yes Bank - cmp 310
Target - 235
Stop 330
Weekly chart
1) 30 ema breach with heavy volumes.
2) Currently price consolidating in the form of flag pattern.
3) Price expected to break the flag downwards in expectation of the fact that stock has entered Stage 4.
Comments
SpSenthil
Also, STOCH is in over sold position
parthrp888
Fully Agree! But I will wait for daily close below 300 for confirmation.
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