shutterdrug

Yes Bank - Long

Long
shutterdrug Updated   
NSE:YESBANK   YES BANK
Formed an Inverse Head & Shoulders. Currently retracing. Should bounce back with higher volumes.

Additionally, showing support at .618 retracement of impulse wave 1.

Side note, quarterly results to be released on October, 25th.
Comment:
Has hit retracement of .382 of current upward trend. However based on volumes, candles, MACD and other indicators, further downside is possible.

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