Amit_Ghosh

Yesbank Aggressive Entry

Long
Amit_Ghosh Updated   
NSE:YESBANK   YES BANK
The gap down and the past down-trend already factored the shit NPA it published leaving us a low-risk high reward scenario. I snapped November futures at 308.95.

Ideal Entry
But as it created a doji; it is advisable to enter at the breach of the high of the doji on a closing basis ( i.e. after a confirmed green candle).

Apocalypse Idea

Will buy Yesbank 300 PE in the worst case or sell 320 CE or 300 CE. Will update.
Trade closed manually:
Closing at 320. Can not take risk of Fed policy with this high shit NPA high bank.

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