Saturday, 17 January 2015

Yes Bank

I am posting monthly chart of Yes Bank to understand it's structure. The price is in intermediate wave (5) of prime wave [3].



On daily chart, the price is in minute wave [iv] of minor wave 5 of intermediate wave (5). This wave can end in the range of 825-840,then some correction as depicted on the chart and then the price can go as high as 1040.



Disclaimer: This and all the ideas I present are for educational purpose only.

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