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Yes Bank - Bounce Back

Discussion in 'Technical Analysis' started by yankeedin, Sep 11, 2016.

  1. yankeedin

    yankeedin Responder

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    Dear All,

    Yes bank has fallen, but as per me the last candle indicates buying has emerged at lower levels.

    I feel we can buy this stock keeping 1245 as SL for quick gains. Target can be 1350 in few days. What are your views on this?

    Note: Market may open lower tomorrow, so it may happen it open even below SL, so may be considered on up move above 1250 if opens below SL.
     
    yankeedin, Sep 11, 2016
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  2. shreeux

    shreeux Member

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    It may retest 1050-1150 level..Lets See..............
     
    shreeux, Sep 12, 2016
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  3. csesanthosh

    csesanthosh Member

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    below 1200 may be possible
     
    csesanthosh, Sep 12, 2016
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  4. shabbir

    shabbir Administrator Staff Member

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    We can always anticipate levels but let us see where it really bounces from instead of making a guessing number
     
    shabbir, Sep 12, 2016
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  5. akuvijay

    akuvijay Active Member

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    May be we can invest 50℅ now.. in case it bounce and not to miss the rally.. what's your view shabbir??

    Sent from my MotoG3 using DIY Technical Analysis mobile app
     
    akuvijay, Sep 13, 2016
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  6. rajesh_gaikwad

    rajesh_gaikwad Member

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    There was no major corrections from March. Currently stock in controversies by misinterpreting rules. It might test more dips.
     
    rajesh_gaikwad, Sep 13, 2016
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  7. nirajshah

    nirajshah Champion

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    I think deploy 25% now and rest as we see more 150 point correction on Nifty
     
    nirajshah, Sep 14, 2016
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