Get started
YES BANK LTDYES BANK LTDYES BANK LTD

YES BANK LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Bonds

YESBANK trade ideas

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.
NSE:YESBANKLong
by Lavin123
#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
NSE:YESBANK
by profitpujari
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
NSE:YESBANK
by TheChartereds