So here is the story of a stock that would have made me a millionaire 4 years back(but I am still a common man that's another story for another day).
Yes Bank is now getting charged and is perfectly in shape as per its monthly chart and as I see many stocks did in history once it broke out after long consolidation and after that if they continue the rally with the Bollinger band and continue to rise in same direction.
it can give multi-bagger returns too.
IMO, if YES BANK closes above 22.25 in the Monthly candle. it can go up to 37-40 range in the next 2-3 months.
it is a very good risk to reward trade.
Note: if anyone wants to take this please do your own research first. this is not any recommendation.
Yes Bank is now getting charged and is perfectly in shape as per its monthly chart and as I see many stocks did in history once it broke out after long consolidation and after that if they continue the rally with the Bollinger band and continue to rise in same direction.
it can give multi-bagger returns too.
IMO, if YES BANK closes above 22.25 in the Monthly candle. it can go up to 37-40 range in the next 2-3 months.
it is a very good risk to reward trade.
Note: if anyone wants to take this please do your own research first. this is not any recommendation.