AkhilSuryaFS

Yes Bank | Breaks down after consolidation

AkhilSuryaFS Atualizado   
NSE:YESBANK   YES BANK
Yes Bank breaks down after a brief consolidation. Bear trend still holds strong. 108 was a Bear Flag target in 4Hr chart (attached below for reference). Another possible Bear flag depth (also shown in the chart attached below) then indicated a target of 80. Considering the fresh break downwards the stock is expected to fall to 100 which is very critical. Below which 80 is the price Yes bank could fall to as suggested by Bear Flag formed earlier.
Comentário:
Earlier analysis in 4Hr chart

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.