YES BANK LTD
เพิ่มขึ้น

YES BANK - Time to go long

ที่อัปเดต:
Good time to go long for a positional trade. SL below 325 on closing basis. Then just wait for a surge up. Targets could be 341/351/365/370 etc (futures prices July contract).

- Yes has been taking support at the 100 MA for the past 4-5 weeks.
- Stochastics look good.
- MACD (daily chart) showing signs of a bullish crossover
- Inverted Head & Shoulder formation still valid with price at the shoulder currently. Neckline is at about 370 (futures price July contract)

Ref to:
Yes Bank - Probability analysis

Yes Bank - Low risk long entry
การซื้อขายยังคงดำเนินอยู่
Long since 329 (futures July contract)
บันทึกช่วยจำ
I have been looking closely at Yes Bank for about 2-3 weeks now and am building up long positions in the spot and futures markets.
บันทึกช่วยจำ
Yes Bank is moving beautifully. Someone who went long the moment I posted would be making about 7000 profit in the futures market. My long positions in spot and futures are working out very well.
บันทึกช่วยจำ
341 - first target. Still holding. Mine is a positional trade
บันทึกช่วยจำ
SL for the next few days could be below 327.4 (July contract prices)
Targets: 351/358/365/370/380
บันทึกช่วยจำ
Highest Open Interest addition is at 330 & 350/360 (spot prices). These could be the basis for setting SL & Targets for Monday 2nd July.
การซื้อขายยังคงดำเนินอยู่
Targets for 2nd July:
T1 = 346
T2 = 351
T3 = 355

(Futures July Contract prices)
การซื้อขายยังคงดำเนินอยู่
Holding long position
ปิดการเทรด ด้วยตนเอง
Closed @ 346 futures price. Will re-enter depending on price action
การซื้อขายยังคงดำเนินอยู่
Long again @ 348.5 futures price
บันทึกช่วยจำ
Target 1 & 2 achieved in futures. Holding long position
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
Closed @ 258 (futures)
บันทึกช่วยจำ
Entered long again in futures @ 357
T1= 367
T2= 373
T3= 380/383
การซื้อขายยังคงดำเนินอยู่
T1 367 achieved in futures. Holding long position
การซื้อขายยังคงดำเนินอยู่
Next targets (futures): 369 & 378-381
บันทึกช่วยจำ
Highest Call OI: 380 (spot)
Highest Call OI Additions: 390

Highest Put OI: 340
Highest Put OI Additions: 350 followed by 360

These (spot prices) could form the basis of SL/Targets going forward
การซื้อขายยังคงดำเนินอยู่
Target: 369 (futures) achieved. Holding long position
การซื้อขายยังคงดำเนินอยู่
Yes Bank has broken the highs of Jan & Apr 2018

Target for today: 377 (July futures)
การซื้อขายยังคงดำเนินอยู่
Reduced target to 372
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
Closed @ 272 (July futures)
26k per lot on multiple lots. Good trade...
บันทึกช่วยจำ
I never ride momentum. I prefer positional trading at the tops and bottoms of trends. In Yes Bank one rode almost 30 points since June 28th. That's about 50k per futures lot. And I trade in more than one lot if I am convinced about my analysis and the actual price action. Feels good to have caught the trend when it was still consolidating.
บันทึกช่วยจำ
T3 380 achieved in July Futures
บันทึกช่วยจำ
Yes Bank is in the overbought phase as suggested by candle structure, stochastics, RSI etc. Levels I am monitoring before going long again are:

372/363/356
(July Futures prices)
บันทึกช่วยจำ
Yes Bank has formed a Double Top. Low risk short with SL above recent tops. Targets: 373/365/358
การซื้อขายยังคงดำเนินอยู่
Shorted @ 384 (July Futures)
ปิดการเทรด ด้วยตนเอง
Closed SL hit at 386
บันทึกช่วยจำ
Entered Long in July Futures
บันทึกช่วยจำ
Yes Bank has climbed almost 60 points since I posted this analysis. In futures that would be worth just over Rs 1 lakh
Candlestick AnalysisFibonacciHead and Shoulders

คำจำกัดสิทธิ์ความรับผิดชอบ