YES BANK LTD
Длинная

YES BANK - Short term pull back possible

Daily charts
cmp 169.80
Long advised above 172.
High probability of Short term pull back towards mean. (195-200 )
Logic -
Strong divergence seen in price Vs pivot based oscillators.
Price forming lower lows + pivot based oscillators forming higher lows with volume supporting.

DOES NOT SIGNIFY A PERMANENT REVERSAL. ONLY A SHORT TERM TRADING OPPORTUNITY.

Stop for this would be 160. Entry should be only above 172 for a target of 195-200.
BANKNIFTYChart PatternsTechnical IndicatorsNIFTYpboscillatorPivot PointssensexTrend Analysisyesbank

Trading is my passion.
Мои профили:

Отказ от ответственности