YES BANK LTD
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Yes Bank: Is it only a pullback or a change in trend?

257
Monthly witnessed a green engulfing candle in October after a great fall with a long lower wick which shows a strong downside rejection.
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Weekly is at a minor resistance level, rejected it last week. There is a recent TL break also, which can possibly show a reversal. The view is mixed with more weight to towards the bearish side as the higher TF is weak and a nominal bearish RSI divergence.anlık görüntü

Daily is getting choppier at the weekly resistance level. If the TL is broken again, we can see a good fall again in YESBANK. We will wait for EMA crossover before entering a short with SL of 73 and a 1:1.5 target.
Not
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Price is choppy at Resistance levels in Daily. An Ascending Triangle pattern can be spotted in 75 mins. A break below it can give us a short opportunity.
İşlem kapandı: hedefe ulaştı
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Nice easy 1:2 RR Trade in #YesBank. Refer thread for complete breakdown!
Not
58 now. 15% down.
Not
47 now. Finished

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.