Now Yes bank is trading at 20/- :(Oct 2017 to 2024
Yes bank
total invested: 67k/-
Unrealised loss:-91%, - 61k/-
Now Yes bank is trading at 20/- :(
From 357/ - to 20/- :( :(
YESBANK trade ideas
YES BANKMy view is bullish now in yes bank because it is at it's support ifn it breaks will aproach to previous low.
Yes Bank is a big opportunity Yes Bank chart from Jan 2021 to 2024 , CMP is 23 , i think 7rs for this stock is not big deal in 5 months , think of you have 5000-10000 stocks of yes Bank average price of 23rs you can earn 35-70 k that is handsome return , 2nd thing in 2022 yes Bank was 13 rs and 2024 high was 30 rs. More than double in 2 year with safety. Check this chart closely and think every dip was opportunity. Yes Bank CMP is 23.60
vcp buy Tightening from left to right within the base: You want to see multiple contractions, at least two, within the base.
Relative strength and accumulation signs: Watch for these signs before this price base and within the overall pricing structure.
Volume dry-ups and bursts upwards within the base: On the downtrends within the base, you want to see declining volume. From left to right, you want to see a downward trend line in terms of volume until that pivot point where you want to see a surge upwards in volume.
A very tight last contraction: Ideally, this should be less than 10% from the prior high to that low of that contraction. This shows that the sellers have really dried up and the stock is ready to make a large directional move if that demand comes in as shown by the volume.
How to Catch a VCP Breakout
Catching a Volatility Contraction Pattern (VCP) breakout can be a game-changer in your trading strategy. Here are the steps to effectively catch a VCP breakout:
Identify Candidates: The first step is to identify potential candidates for a VCP breakout. This should ideally be done when the market is closed, allowing you to analyze the market without the pressure of real-time changes.
Set Alerts: Once you have identified potential candidates, set alerts at price levels right below the proper pivot point. These alerts will notify you when the price reaches a certain level, allowing you to act quickly when a breakout occurs.
Plan Your Trades: Planning your trades in advance is crucial. This includes determining your stop loss position sizing. A stop loss order is an order placed with a broker to buy or sell a stock once it reaches a certain price, helping you limit your loss on a stock.
Look for Large Volume: On the breakout, you want to see very large volume. Large volume indicates strong investor interest and can be a sign of a start of a new trend. Look for above-average volume as it pushes through the pivot point.
Execute the Trade: Once the stock pushes through the pivot point on high volume and early on in the day, it's time to execute the trade. This is all about timing and acting quickly to take advantage of the breakout.
Remember, catching a VCP breakout involves careful planning, quick action, and constant monitoring of the market. With these steps, you can effectively catch a VCP breakout and potentially achieve significant returns.
#YESBANK breakout trade setup (18/07/2024)Greetings Folks,
today I have prepared a setup of
NSE:YESBANK on NSE
the analysis is as follows-
- the price has been consolidating in a triangle pattern for a while
- its right now trading near the trendline support
- wait for the proper breakout in either side, i am not biased towards a particular direction
- i have chosen small targets regarding the upcoming pre budget volatility
don't play with fire, always use a predefined stop loss
Yes Bank is Screaming BuySee the analysis on the chart with target and SL.
T1- 29
T2 - 33
T3 - 38
SL - 22
CMP -24.90
Yes Bank breakout after consolidation with huge volume.Yes Bank breakout with enormous volume and RSI is showing weekly uptick. Weekly RSI is strong so it may start it's rising journey from this. This would be a good opportunity to participate in this stock according to individuals risk taking capacity.
Disclaimer:- This is not a recommendation just for educational purpose, so consult with your financial expert before investment.
YESBANK may offer quick 15% returnSuper tight structure means accumulation. Now burst happened with good volume. Cheers
YES BANK Triggered a BreakoutThe stock has been consolidating for quite some time maintaining the support near Rs 23.70. On daily chart there is a huge bullish candle , it has triggered a clear breakout .
1st Target would be 28.5 and this can go until 33.50( which you can take risk using GTT)
YESBANKNSE:YESBANK
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
YES BANK: The wealthy always have a financial edge 🙅♂️🌟 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 ventured into real estate, property prices stabilized and they ventured into Mutual Funds, reaping double-digit returns. 📈
💰 As we embraced Mutual Funds, returns began to dwindle while they transitioned into individual equity investments, enjoying significant tax-free returns. 💹
💰 Now, as we guide our investments toward equity, we face lower returns, taxes, and market manipulation.
Now the important question is, What is attracting the rich money now?? #Finance
- Yes bank share has made a shooting star pattern -- Yes bank share has made a shooting star pattern
- Stock is trading near major support zone
- Stocks fundamentals are improving with time
YESBANK ~ Long possibility Either this or to absolute dust, taking a call - a relatively higher on the PE side of things though. Dicey but me gusta.
YES Ban.....has a target of 41stock has closed above 23.6% fib...leve......next stop is 38.2 % fib......target 41
🇮🇳 YESBANK Analysis📉Potential downside momentum can be expected under the hourly timeframe where we may witness a reversal on the lower boundary created.
YESBANK up 5% since yesterday's analysisI anticipate a micro flat/WXY or triangle moving into tomorrow and maybe even day after.
Up 5%, in a position. Comment your tickers if any and I will chart them.
#yesbank#yesbank stock was in continuous uptrend, however from last 2 Months it was making the base at lower level after a sharp upside around 32.8, Today the stock is trying to recover with volumes, so once it will cross 26 level, it can touch 27.3 and then 29.6 in next 2-3 Months. Keep stop loss below 23.2
yes bank buyyes bank is performing good and i analysed the stock i found out its a good opportunity to buy it
Yes Bank - Give Opinionsanyone would like to give opinions- i feel can give big move suddenly since bank nifty is moving and all! lets wait for results month!
Yes BankPrice action on d, W, M positive. ong entry on break of 26level. Money flowing in the security. A possible inverse h&S break on high volume.
