What is Yesterday’s high and low scanner?
This gives you the real-time prices of all bank stocks including Axis Bank, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Bank, and SBI along with yesterday’s high price and yesterday’s low price .
Why it is important to track YH and YL level ?
If a stock is trading above yesterday’s high it means that stock has the strength to go up if those stocks sustain yesterday’s high you can go for buy that stock, sometimes stocks doest not sustains yesterday’s high and there are so many sellers selling that stock near yesterday high after analyzing the market. So you need to follow first some days then you will get my point why it is important.
If a stock is trading below yesterday’s low it means that stock has no strength and it may go down if the stock doesn’t hold yesterday’s low you can go for sell that stock, Near yesterday’s low there are so many buyers buy that stock so you need to wait for some time and check our Banknifty MTF chart on the homepage it gives you the trend in different timeframe so after analysing that for some days you will get a clear idea .
How to check which stoks trade above YH and YL ?
If LTP is Green then that stock is trading above Yesterday high .
If LTP is Red then that stock is trading below Yesterday Low.
If LTP is White/No color it means that stock is trading b/w Yesterday high and yesterday low level.