YESBANK weekly chart study - Broadening right angles triangle with sliding parallels.
註釋
Expecting 150 soon註釋
Was expecting Yes bank to make 150 as on 26th Nov when it was trading at 190+. 150 done on 29th Nov. Didn't expect it would fall so much so quickly however. Excuse me for the late update.
It took a bounce at the trendline by making a low of 146.75. Any move below 130 could trigger a sharp fall towards 100-70
註釋
Yes bank taking support t the channel bottom註釋
.Yes bank taking support at the channel bottom. It could be a bounce or break for Yes bank from here.
交易進行
.Currently YESBANK is taking support at the channel bottom.
One can initiate a TINY position at CMP 163+ with a strict SL of 138.
Targets: Open
Its a RISKY COUNTER TREND TRADE. Recommend buying very small qty
交易結束:達到停損點
SL of 138 triggered.Had recommend buying very small qty as it was a risky countertrend trade
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