c0dchef

YESBANK - Bearish Shark - 4H TF

Short
c0dchef Updated   
NSE:YESBANK   YES BANK
Bearish Shark pattern on 4H Chart of YESBANK. SELL 155.5-157.

I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s) & SL levels, which I'll be posting when I get proficient enough to.
Comment:
Did not quite come into the levels and fell down to 151.05.
Comment:
Need to learn selecting price levels efficiently to not miss trades like this. Today another sell of Biocon, which was posted some days ago was missed like this by a mere difference of 40 paise from 558(557.60) to 538. Although it is wise to miss trades sometimes and not stretch the rules too much but at the same time the levels selected, must reflect the price activity in the stock. Be patient is the most cliched, the most reflected and the ultimate answer I guess.
Comment:
Finally came into the selling levels this morning. From 155.5 to 152.5. High of 156. Be patient :)))))))
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