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YESBANK - TREND REVERSAL PATTERN FORMATION
YES BANK LTD
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YESBANK - TREND REVERSAL PATTERN FORMATION
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2022年4月7日
8
2022年4月6日
YESBANK
=Rectangle formation after a bear trend indicating short term trend reversal.
Yes bank has witnessed a very long bearish downtrend.
Yes bank has taken a support of lifetime low and its is consolidating heavily around that zone for more than a year
Have given a breakout from rectangle formation on daily timeframe with volume spike.
This might give follow up move in some time
Take small quantity above 15.25 for a swing trade and keep accumulating more on the breakout test zone.
# Have discussed how to trade rectangle pattern refer it for more detail.
Hope you found this helpful and I sincerely hope you find a ton of good rectangle formations to trade-in!
Happy Trading!
2022年4月7日
交易开始
bankingsector
BANKNIFTY
Chart Patterns
Fundamental Analysis
investment
multibagger
multitimeframeanalysis
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Trend Analysis
yesbank
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相关出版物
TRADING A GAME OF PROBABILITY
由SANJAYPATIDAR_提供
A Comprehensive Guide to Rectangle Formation.
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MOTHERSON SUMI SYS - CONSOLIDATION
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