Yes Bank: Will This Breakout Fructify?

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.

Komentarz:

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

Komentarz:

Now we are talking :) New highs.

Komentarz:

second place to book profit for daytraders 327-329

Komentarz:

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

Komentarz:

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.

Komentarz:

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

Komentarz:

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

Komentarz:

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.

Komentarz:

First target hit.

Komentarz:

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

Komentarz:

Trailing stop 335.50 now.

Komentarz:

Holding only 1/3 rd position now.

Transakcja zamknięta: osiągnięto wyznaczony cel:

Closed at 348.90

Komentarz:

Thanks guys for ur support.