Yes Bank: Will This Breakout Fructify?

25 de abr. de 2018

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.

25 de abr. de 2018

Nota

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

25 de abr. de 2018

Nota

Now we are talking :) New highs.

25 de abr. de 2018

Nota

second place to book profit for daytraders 327-329

25 de abr. de 2018

Nota

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

26 de abr. de 2018

Nota

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.

26 de abr. de 2018

Nota

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

26 de abr. de 2018

Nota

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

26 de abr. de 2018

Nota

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.

26 de abr. de 2018

Nota

First target hit.

26 de abr. de 2018

Nota

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

26 de abr. de 2018

Nota

Trailing stop 335.50 now.

26 de abr. de 2018

Nota

Holding only 1/3 rd position now.

26 de abr. de 2018

Trade fechado: objetivo atingido

Closed at 348.90

26 de abr. de 2018

Nota

Thanks guys for ur support.