Skip to main content

Yes Bank

  • Yes Bank

    14/12/14

    Yes Bank faced resistance at 418 levels. In long term, it is strong Bull run however, post Fed Tapering and bad inflation data, the stock has given bearish signal in short term, (30 Min and daily Chart).

    CMP - 365
    T1 - 340, T2- 323
    SL1 - 384, SL2 - 410.

    30-Min Chart




    Yes bank - Daily Chart

    Comments

    Popular posts from this blog

    Persistent Systems

    Persistent Systems :- The stock has been making upmoves with consolidation at each stage. This indicates the strength of the stock. The stock should be accumulated at these levels for higher targets in coming months. This is long term stock and with strong fundamentals. It has good %age holding across foreign and inhouse funds. SL - 900 , TP - 1200, CMP - 973 (2 Months)

    Lanco Infratech

    Lanco Infratech This stock would possibly give the best of returns. Reasons:- 1) Momentum solid towards upmove. 2) despite sharp sell off, it didnt break the support zone that it had been forming over 6 trading sessions. 3) it has moved over the resistance zone of 7 and trading above it at 8. This is significant as this is considered a strong support zone wherein it had been trading in this range for 2 months. so break above this along with above avg volumes is a good sign CMP - 7.95, SL - 7.5, TP - 10.