YES BANK Stock Tips - Stock on the verge of bearish breakout below 502 in daily and hourly chart as per Technical Analysis. (Updated On 14th July 2014, Monday).

  • YES BANK is witnessing selling in hourly chart from its 61.8% golden ratio fibonacci retracement , stock is now facing trend line support around 502, which indicates once Yes bank starts trading below 502 with volumes and stays below then some intraday action is expecting.
  • Daily chart indicates stock is now trading below 23.6% fibonacci retracement with will favor Yes bank bears, and stock also facing small trend line support at current levels as shown above , If Yes Bank closes below its trend line support zone (502) and stays below then stock looks weak for next 1-2 trading days.
  • Daily chart also indicates stock is trading below 50 days moving average, as long as stock trades below stock will favor bears.


What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips