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Bearish using Dow theory
An LT-LB sequence is witnessed in Yes Bank on 30th Sept 2018 with high volume. A Short position can be made at Rs. 369.0 (It has crossed the resistance level)with a stoploss of 23.6 points (i.e. Rs. 382.1 recent support level) and target of 48.6 points ( Rs. 311.2)
Company Name: YesBank
Direction: Bearish Below
Entry Price: 369.0
Stop Loss: 382.1
Target Price: 311.2
Duration: 1 Month
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