Yes Bank: Bears seems to be taking over

2017年6月6日

The price action seems to be following a channel. Today stock touched the upper trendline of the rising channel and faced stiff resistance. It found support @ 1498 level. A decisive break below 1498 may take the stock to 1485. Below 1485 it may go as far as 1460-1470 support zone where some consolidation action can be seen.

2017年6月6日

注释

SL can be 1515 or 1521

2017年6月7日

交易开始

Trade was initiated on breakdown of 1498 and first target of 1485 has already been hit.

2017年6月7日

注释

There might be a second opportunity to short on pullback near 1498.
Just look for a bearish pattern in the 1495-1500 zone.

2017年6月7日

注释

Target 1485 hit again in second selling opportunity.

2017年6月8日

交易结束：到达目标

Second target reached..close at will.