Yes Bank forming a Morning star.
Yes Bank showing some positive signs for the stock investors.
The stock has given a return of 20% from the mid of JULY 22 and still looks good for a swing trade.
The positive signs for the swing trade.
1. Morning star pattern.
2. Trading above 20 ema and bullish MA crossover already there.
3. Volumes are high in daily candle.
4. Respected support levels.
The trade can be initiated once the stock cross and sustain above today's high.
Target :- 17.3, 19.5
Stop loss :- Close below 15.3 on daily time frame.
Wait and watch the stock levels and price action before entering the trade.
The stock has given a return of 20% from the mid of JULY 22 and still looks good for a swing trade.
The positive signs for the swing trade.
1. Morning star pattern.
2. Trading above 20 ema and bullish MA crossover already there.
3. Volumes are high in daily candle.
4. Respected support levels.
The trade can be initiated once the stock cross and sustain above today's high.
Target :- 17.3, 19.5
Stop loss :- Close below 15.3 on daily time frame.
Wait and watch the stock levels and price action before entering the trade.
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