Yes Bank: Will This Breakout Fructify?

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.

Komen:

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

Komen:

Now we are talking :) New highs.

Komen:

second place to book profit for daytraders 327-329

Komen:

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

Komen:

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.

Komen:

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

Komen:

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

Komen:

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.

Komen:

First target hit.

Komen:

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

Komen:

Trailing stop 335.50 now.

Komen:

Holding only 1/3 rd position now.

Dagangan ditutup: sasaran tercapai:

Closed at 348.90

Komen:

Thanks guys for ur support.