YES BANK

NSE:​YESBANK

BUY Yes bank Target 380-400 cmp 315

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 ...

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

Yes Bank has broken the support.If 286.65 is broken then The Next support lies at 247.39 If there is a good bounce based on volume an intraday position can be taken, if the support is broken shorts can be taken. This is not financial advice do your own research

It is noted through long observation that the 4th leg of a Shark Harmonic patter generally witnesses good momentum in price. Here is one more evidence.

It was said in the last post that during the last leg of Bearish Shark price often gathers good momentum. We expect this to happen in this stock.

Last leg of Bearish Shark Pattern probable target of which is visible. Near perfect legs. If all goes well, it is a good investment to generate decent return with appropriate Stop Loss.

GOOD TO BUY ZONE WITH POSITIONAL VIEW

sell yes bank for 280

broken down trend line

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

YES BANK Short term Target

Student chart on Yes

Keep track for reversal. Safe bet is to wait for green candle formation

Yes bank is currently trading in strong buying zone, it has tasted its crucial support of 305 twice in last 10 days, currently it is undervalued compare to its peer, there is high probability that it will shoot up from here. One can take long position, my target for yes bank is 380 by December, 2017. Fundamentally, this stock is very strong.

Yes bank currently trading at very low valuation compare to its peers, and technically it is supported very strongly at level of 300-305. Chances of making uptrend is very strong from here.

trend line support and DOJI with HIGH VOLUME