Yes Bank: Will This Breakout Fructify?

Güncellendi
I published Yes Bank long idea yesterday but mistakenly as a private idea. Rectifying my mistake.
It would be interesting to see this idea in a negative market environment.

Regards.
Not
For day traders 324-325 could be nice spot to book partial profits.
Not
Now we are talking :) New highs.
Not
second place to book profit for daytraders 327-329
Not
The stock came off the highs but closing is not bad in a negative environment. Hope is still there for the first target.
Not
The stock has some event today but the breakout on the chart two days before the event is an indication that something positive might be in the offing. That's why I never trade news bcoz in most cases stocks find their direction a few days before an event.
Not
anlık görüntü

I think we should also consider this beautiful pattern, which is in the making, for intraday fresh entries.
Not
I ll consider some buying near 323-324 with SL @ 321 for the day.
Not
The sentiment might change from bearish to bullish above 327.20 coz most of the sellers would be stopped out at that level. Whether fresh buying emerges or not is a matter of time but booking some near 328.50-329 would be wiser.
Not
First target hit.
Not
As expected 327.20 proved to be a sentiment changer.
Holding partial now for second target.
Not
Trailing stop 335.50 now.
Not
Holding only 1/3 rd position now.
İşlem kapandı: hedefe ulaştı
Closed at 348.90
Not
Thanks guys for ur support.
breakoutpullbackbreakouttradingfibretracementTrend Analysisyesbank

JJ Singh
Trader/Investor
Moderator, TradingView

🚀Join t.me/jjsingh_2020 ,
A Free Education channel

🚀Tweet at twitter.com/JaySingh_2020
Aynı zamanda::

Feragatname