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Yes Bank: Will This Breakout Fructify?

업데이트됨

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.

노트

For day traders 324-325 could be nice spot to book partial profits.

노트

Now we are talking :) New highs.

노트

second place to book profit for daytraders 327-329

노트

The stock came off the highs but closing is not bad in a negative environment. Hope is still there for the first target.

노트

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.

노트

I think we should also consider this beautiful pattern, which is in the making, for intraday fresh entries.

노트

I ll consider some buying near 323-324 with SL @ 321 for the day.

노트

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.

노트

First target hit.

노트

As expected 327.20 proved to be a sentiment changer.
Holding partial now for second target.

노트

Trailing stop 335.50 now.

노트

Holding only 1/3 rd position now.

거래청산: 타겟 닿음

Closed at 348.90

노트

Thanks guys for ur support.