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Amit_Ghosh
Oct 27, 2017 7:27 AM

Yesbank Aggressive Entry Long

YES BANKNSE

Description

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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