YES BANK to 110-120

١ ديسمبر ٢٠١٩

We can see Inverse Head and shoulder pattern on 1D chart with right shoulder in forming. If daily close above it would be quite bullish. However we can expect a drop to 53-59 for proper right shoulder finish.

Ladder long from 53-69 can be a 60-125% profit chance in mid term targeting 113-126-157.

The bat pattern formation in line with the inverse H&S pattern target of 113 at 260%

١٣ مارس ٢٠٢٠

ملاحظة

Its pretty sad to see the YES BANK collapse. All the potential investors giving up and bad credit loans messed up the banking space. Fortunately SBI came up with a push up plan.

The 100% drop is definitely not where someone want to place their bet on. Fortunately i picked it up at 8.3 and still holding. Partially booked to cover the 3% loss i had it at 49 SL. I have already done my yearly profit target with YES BANK in its collapsing time.