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Sunday 1 December 2013

Yes Bank

Yes Bank

In Yes Bank 381 is a strong resistance. Short Yes Bank @ 380-382 range with stop-loss @ 396 on closing basis. Trades with less risk appetite can make short positions @ 392-395 range with stop-loss @ 396 on closing basis. Targets are 370, 344, 327, 303, 294-290 (an important support).

And,

If yes Bank is able to close above 396 then a long trade can be initiated  with stop-loss @ 390 on closing basis. Targets are 436, 502, 532.


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