Yes Bank: Will This Breakout Fructify?

25 kwi 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 kwi 2018

Uwaga

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

25 kwi 2018

Uwaga

Now we are talking :) New highs.

25 kwi 2018

Uwaga

second place to book profit for daytraders 327-329

25 kwi 2018

Uwaga

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

26 kwi 2018

Uwaga

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 kwi 2018

Uwaga

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

26 kwi 2018

Uwaga

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

26 kwi 2018

Uwaga

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 kwi 2018

Uwaga

First target hit.

26 kwi 2018

Uwaga

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

26 kwi 2018

Uwaga

Trailing stop 335.50 now.

26 kwi 2018

Uwaga

Holding only 1/3 rd position now.

26 kwi 2018

Transakcja zamknięta: osiągnięto wyznaczony cel

Closed at 348.90

26 kwi 2018

Uwaga

Thanks guys for ur support.