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gulz
Jun 11, 2017 9:16 PM

Yes Bank - The Pain is just started ? Short

YES BANKNSE

Description

Hi,

We have nice short setup on daily chart of Yes Bank as a confluence of fib + previous structure along with projected ABCD pattern.

Key levels mentioned on chart.

PS: If you like our ideas/analysis, please like/share them and keep us motivated. If you have any queries, please free to write them in comments. Thank you.

Trade with Care
Gulz.

Trade active

So Price is retracing back to our kill zone & we have Bearish shark pattern on hourly chart.
Trading the shark pattern with an extended target (Target 3) of ABCD completion of daily chart which is our main theme for the trade setup.
Comments
chandu_Trade
Time period plz
gulz
@chandu_Trade, let market decide about time - however , the idea shared based on daily chart - timing might be little bit lengthy :)
safri
Good one.
gulz
@safri, Thank you
Bravetotrade
Cool
gulz
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