YES BANK LTD
לונג

Yes Bank: Will This Breakout Fructify?

מעודכן
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.
הערה
For day traders 324-325 could be nice spot to book partial profits.
הערה
Now we are talking :) New highs.
הערה
second place to book profit for daytraders 327-329
הערה
The stock came off the highs but closing is not bad in a negative environment. Hope is still there for the first target.
הערה
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.
הערה
תמונת-בזק

I think we should also consider this beautiful pattern, which is in the making, for intraday fresh entries.
הערה
I ll consider some buying near 323-324 with SL @ 321 for the day.
הערה
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.
הערה
First target hit.
הערה
As expected 327.20 proved to be a sentiment changer.
Holding partial now for second target.
הערה
Trailing stop 335.50 now.
הערה
Holding only 1/3 rd position now.
עסקה סגורה: היעד הושג
Closed at 348.90
הערה
Thanks guys for ur support.
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JJ Singh
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