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YES Bank

Discussion in 'Technical Analysis' started by vishuhd1, Apr 15, 2013.

  1. vishuhd1

    vishuhd1 Member

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    Software Engineer in IBM, Bangalore
    Yes bank seemed to have formed a base at around 423 levels and it has given buy signals by trading above 460.. One can buy this for a target of 498 with a SL of 423..
     
    vishuhd1, Apr 15, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes perfect pattern
     
    shabbir, Apr 15, 2013
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  3. srspriya06

    srspriya06 Active Member

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    Yes Bank is getting ready for another breakout at 500 . Once it crosses 500 it may move to targets of 510-528-540
     
    srspriya06, Apr 19, 2013
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  4. kamat79

    kamat79 New Member

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    Hi Shabbir, I see today's candle as doji and moreover it's in overbought zone. I would not go long at this moment, I'll wait for 23rd April's opening. If opens below 490, then good candidate for shorting?
     
    kamat79, Apr 22, 2013
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  5. shabbir

    shabbir Administrator Staff Member

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    Avoid as of now as W is missed and so should be wait and watch
     
    shabbir, Apr 22, 2013
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  6. kamat79

    kamat79 New Member

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    Okay, thanks Shabbir.
     
    kamat79, Apr 23, 2013
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  7. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Apr 23, 2013
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