Daily charts cmp 169.80 Long advised above 172. High probability of Short term pull back towards mean. (195-200 ) Logic - Strong divergence seen in price Vs pivot based oscillators. Price forming lower lows + pivot based oscillators forming higher lows with volume supporting. DOES NOT SIGNIFY A PERMANENT REVERSAL. ONLY A SHORT TERM TRADING OPPORTUNITY. Stop for...
Forming a Wolf Wave pattern on daily charts, a close above 176 will lead this stock towards 200 and depending on the momentum then, move may even continue from there on. 145 seems to be a decisive low set for a while now. Seems good for short term duration with a SL of 145
Recommending YES BANK as a long term buy, at around 180-185 levels. YES Bank is one of the TOP-5 private sector banks in India, along with others like ICICI Bank, HDFC Bank, KOTAK etc. Its loan book, NPAs, OPM, PAT numbers etc. are in line with other top private banks (as it should be), but the recent sharp sell-off (due to CEO's resignation & slight IL&FS...
Formed an Inverse Head & Shoulders. Currently retracing. Should bounce back with higher volumes. Additionally, showing support at .618 retracement of impulse wave 1. Side note, quarterly results to be released on October, 25th.
YESBANK CMP 393 Target 460 plus (Trail 20 wk MA) Stop 365 Nice H&S sort of breakout
Yes bank weekly trend is up and price has taken resistance from 4 time from 922-394 zone. It has formed strong bearish pin bar on daily chart which is sign of sellers are in control now. I will wait for the price to come at 386 level for good risk reward ratio. Always book 75% at first target and trail remaining for final target.
Not sure what would be the trigger (could be FY18 results??), but weekly charts suggest H&S top.
Falling Wedge pattern break out on hourly chart
KBO SETUP FORMED AND ACTIVE AT 343, 349.70 IS CRITICAL POINT IF WE GET DAILY CLOSE ABOVE IT THEN THIS WILL ROCKET AND GIVE GOOD UPSIDE
Keep track for reversal. Safe bet is to wait for green candle formation
Yes Bank in a 4th wave pullback . Good stock to accumulate between 300-250 in your portfolio for a minimum target of 400+.
Price fell short of retracing to Yesbank NSE Indian Stock weekly demand level around 319 and kept on rallying strongly in a big picture uptrend. New weekly demand level created higher around 351, price did retrace to this weekly demand imbalance, playing out nicely. Long bias at new areas of demand on Daily and Weekly timeframes
Buying opportunity on State bank of india , Triangle pattrn brkout or if not brkout thn this pattern will extend it and couvert into reversal channel ......
YES completes time cycles yesssss! guess which way from here
Fed Hike -- Fed did not changed their stance on rate hike i.e. status quo !! After Brexit it is more likely that there wont be any further news till sept for further rate hikes !! Brexit -- Is it Good ...Is is bad .... we don't know !! This Event is now gone !! Many are comparing this event to lehman brother 2008 crisis, Acc to us their imports have got...