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Yes Bank

Discussion in 'Technical Analysis' started by masihpatel, Sep 14, 2013.

  1. masihpatel

    masihpatel Active Member

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    Hi Shabbir,
    Is this stock is forming a Reverse Head&Shoulder pattern, which shows a bullish sign? Please share your view.
     

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    masihpatel, Sep 14, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    I would not read into this pattern because from 500 to 220 needs lot more time being spent before being bullish.
     
    shabbir, Sep 14, 2013
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  3. shabbir

    shabbir Administrator Staff Member

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    I would prefer shorting with stop loss of 320
     
    shabbir, Sep 14, 2013
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  4. masihpatel

    masihpatel Active Member

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    Thanks Shabbir.
     
    masihpatel, Sep 15, 2013
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    shabbir likes this.
  5. m_padmakumar

    m_padmakumar Member

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    Can we enter YB @CMP of 368 with SL 330?
     
    m_padmakumar, Oct 22, 2013
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  6. shabbir

    shabbir Administrator Staff Member

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    Yes but whats your target?
     
    shabbir, Oct 22, 2013
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  7. m_padmakumar

    m_padmakumar Member

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    1st target 400 then 480....

    Thanks
     
    m_padmakumar, Oct 22, 2013
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  8. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Sl should be 325, I would not prefer to enter in script which has corrected 100% of its previous rally, above 400-420 I may be interested.
     
    sanjay_sansanwal, Oct 23, 2013
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  9. shabbir

    shabbir Administrator Staff Member

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    400 looks ok but 480 would be achievable only if it breaks above 400
     
    shabbir, Oct 23, 2013
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