Yes Bank Channel Breakout

已更新
It is been observed that the price action is been trending up in an upward channel. Today, the price actions opens gap down breaking the channel, indicating high selling pressure. Currently the price action retracing to fill gap where there will be a good opportunity to sell it again.

Target:1185
Stoploss: 1300
Risk Reward: 1:3

交易开始
Gap is filled, Now good time to short.
交易开始
BANKNIFTYNIFTYParallel Channelyesbank