Yes Bank: Will This Breakout Fructify?

25 Apr 2018

I published Yes Bank long idea yesterday but mistakenly as a private idea. Rectifying my mistake.
It would be interesting to see this idea in a negative market environment.

Regards.

25 Apr 2018

Catatan

For day traders 324-325 could be nice spot to book partial profits.

25 Apr 2018

Catatan

Now we are talking :) New highs.

25 Apr 2018

Catatan

second place to book profit for daytraders 327-329

25 Apr 2018

Catatan

The stock came off the highs but closing is not bad in a negative environment. Hope is still there for the first target.

26 Apr 2018

Catatan

The stock has some event today but the breakout on the chart two days before the event is an indication that something positive might be in the offing. That's why I never trade news bcoz in most cases stocks find their direction a few days before an event.

26 Apr 2018

Catatan

I think we should also consider this beautiful pattern, which is in the making, for intraday fresh entries.

26 Apr 2018

Catatan

I ll consider some buying near 323-324 with SL @ 321 for the day.

26 Apr 2018

Catatan

The sentiment might change from bearish to bullish above 327.20 coz most of the sellers would be stopped out at that level. Whether fresh buying emerges or not is a matter of time but booking some near 328.50-329 would be wiser.

26 Apr 2018

Catatan

First target hit.

26 Apr 2018

Catatan

As expected 327.20 proved to be a sentiment changer.
Holding partial now for second target.

26 Apr 2018

Catatan

Trailing stop 335.50 now.

26 Apr 2018

Catatan

Holding only 1/3 rd position now.

26 Apr 2018

Trading ditutup: target tercapai

Closed at 348.90

26 Apr 2018

Catatan

Thanks guys for ur support.