AakashRKothhari

Short Yesbank

AakashRKothhari Updated   
NSE:YESBANK   YES BANK
1
pin candle formation at top indicating reduced bull momentum and a deep correction expected till 850 levels however trade management rule says to exit at 930 and maximum 900 levels.
Comment:
today's session witnessed selling pressure in first half and short covering observed in second half forming a hammer candle at the top ,i see this as a planned distribution at higher prices by institutional players. however i am still with a view not to exit shorts

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