“TRADE POSSIBILITY – YES BANK”
There is a trade opportunity with Yes Bank.
After reaching all time high of 1861.. Price has retraced to a low of 1686. Pull back happened and price manage to reach 1819 levels to 76.4 levels of fib retracement.
Price action at imp fib retracement level indicates some further downside.
So, sell below 1780 for possible Targets – 1750-1730 levels.
Chart is attached below for your reference.
Learning Here – Price action with candlestick and fibonacci retracement levels.
Sid
Disclaimer
I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.
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