Tuesday, December 15, 2015

TECHNICAL ANALYSIS FOR YESBANK AND CHART

FUTURE :
“BULLISH YESBANK ABOVE 700 TGT  705/712”
“BEARISH YESBANK BELOW 690 TGT 685/680”
FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>>>>
DAILY CHAT FOR YESBANK:
DAILY & WEEKLY SUPPORT AND RESISTANCE FOR YESBANK:
YESBANK levels generated based on 2015-12-15 data for the next trading day.
Daily
R4
R3
R2
R1
BULL
LOC
BEAR
S1
S2
S3
S4
Level
700
695
692
690
688
686
683
681
679
676
671
YESBANK Weekly levels generated for the week starting from 2015-12-14
Weekly
R4
R3
R2
R1
REV
BULL
LOC
BEAR
REV
S1
S2
S3
S4
Levels
790
773
745
727
706
699
694
688
681
660
642
625
614
MARKET SUMMARY OF 15 DEC 2015
Nifty extended its recovery for the second day in a row. The rally would further extend if Nifty manages to convincingly breach past the 7705 mark on a closing basis. 7800 would act as the first hurdle on the upside beyond which we see Nifty racing towards the December high of 7980 mark.” Sensex ended with gains of 170 points to close at 25,320. The Nifty gained 51 points to close at 7,701. It opened at 7,659 hitting a high of 7,705 and low of 7,625.It opened at 25,187, touched an intra-day high of 25,343 and low of 25,076.
The Indian equity market closed with smart gains extending its winning streak for the second consecutive trading session. After a long time, large caps like HUL, Tata Motors, Infy and L&T showed leadership which lifted the Nifty to close near the 7700 mark. Investors and traders seem to have ignored rising consumer inflation prices, which was released post market hours on Monday. Consumer inflation rose to a 14-month high in November while wholesale deflation narrowed in the month. The consumer price index, rose to 5.41% in November.


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