YES BANK LONG - LONG TERMI'm Not Big trader. Still leaner but sharing my idea only.
*Seems too much activities and consolidating from long time.
*Big candles seems INS traders bought and holding.
*Expecting to Big rallies in few months.
*Place your stop loss and hold as long term.
possible to go up 100% as long term.
I'm not SEBI advisor before take trade please check yourself or consider with official advisor.
CMP - 16.05 ----- 22/10/22
SL - 14
T1 - 32
T2 - 60
YESBANK trade ideas
Yes bank breakout for 20 septKeep yes bank on radar tomorrow. The stock is preparing for a huge breakout with beautiful targets in 2 hour time frame.
Reasons for breakout -
1)Price is moving in a downward pennant traingle ,which is a good sign of breakout according to Elliot theory.
(Downward pennant always shoots price upward breaking lowest trendline resistance for a upmove
2) Price is preparing to finish its 4th wave of correction and setting for a huge 5th wave rally
I have shown possible targets according to Fibonacci numbers
- Confirm breaking of trendline resistance of the pennant before proceeding for trade decision.
Pennant should be broken either way in 2-3 candles
YES YES YES finally YES bank on rounding bottom reversal Finally last 4 year wait for investor is over yes bank is ready to give a spike chart pattern and technical showing rounding bottom reversal now price is 17 my TRG for 21/24/28 and if that break 28 we go for 42 but that always came down on 21 so once you get profit book that profit. happy investing to all.
YesBank Bulls are backYes bank seems to be bulls are back as of now. After much consolidation yes bank made a bullish expanded triangle which leads to a possible uptrend for the time being. one can take long positions from 14/-Rs up to 15/- Rs with the stop loss of below 12/- Rs and for the target points of 20/- Rs and 30/- Rs.
YesBank Bulls are backYes bank seems to be bulls are back as of now. After much consolidation yes bank made a bullish expanded triangle which leads to a possible uptrend for the time being. one can take long positions from 14/-Rs up to 15/- Rs with the stop loss of below 12/- Rs and for the target points of 20/- Rs and 30/- Rs.
YesBank Bulls are backYes bank seems to be bulls are back as of now. After much consolidation yes bank made a bullish expanded triangle which leads to a possible uptrend for the time being. one can take long positions from 14/-Rs up to 15/- Rs with the stop loss of below 12/- Rs and for the target points of 20/- Rs and 30/- Rs.
Yes!! Bank investment opportunity.Yes Bank consolidating,
reasons to invest
1. stocks holding this value after major devaluation.
2. value buy here since stock value is pretty close to the book value of the company.
3. New management and support from State Bank of India to overturn things.
4. earnings are getting progressively better each quarter.
thank you
this is not financial advice!