Looks like a VCP BO, we may see a retest maybe but the chart looks great anyway! can take few hiccups in between and go double in a year or two ( Long long long term view only)
Finally giving long due breakout buy buy buy ...
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🌟 Here's a Harsh truth in the world of Finance, " The wealthy always have a financial edge" 🙅♂️
💰 When we chose to invest in the safety of gold , they opted for Fixed Deposits (FDs) and relished high-interest rates.
💰 As we transitioned to FDs, interest rates gradually decreased and they moved into real estate, reaping capital appreciation🏡
💰 When we...
Points To Remember :
-Channel Breakout Confirmed.
-Crossover Of 50 and 200 DMA Confirms Trend Change.
-Consolidation/Retest Required Before Entry.
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The backbone of the Indian economy is its banking industry which offers several profitable investment options, one of which is Yes Bank. However, in the past couple of years, the bank lost its value due to management and other reasons. But since November of the previous year, Yes Bank has made a strong comeback. Not too long ago, investors were hesitant to invest...
Yesbank gave a super breakout above 24 on a weekly Chart...
B/O after a long consolidation...
So thought of posting the Price channel...
Levels marked.... Use it for your trading...
Keep Visiting this chart for viewing the Price Action
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It moves for a long period between levels 15 and 17, until breaking level 18. Between 17 and 17.80, we can purchase with a stop loss at 12.95 and aim for 23.95 and 34.95.
flipping this will get this going
looks like the start of a 5-10x run
been a long while its been accumalating
with rate cuts this year banks will do better and this one is looking lit TA wise
getting suzlon vibes so will look to deploy some on open below white line no bueno
Yes Bank: I do sincerely regret that YES BANK is the least strong bank.
But i saw that from August 2021 to the present, the high bottom has increased three times, each time by about 40–45%.
I'm not sure if it will, but I think it has the potential to hit the most recent high, which is about 40%.
No Time Duration Approx
Low...
