This is actually a very interesting setup on Yes Bank

🔍 Structure Analysis 1. Rounded Base Formation The chart shows a clean: Rounded bottom / cup structure From: ~22.6 breakdown Fall toward 17–18 Gradual recovery back to resistance This indicates: Selling exhaustion Accumulation phase Return of demand ⚠️ MOST IMPORTANT LEVEL Resistance = 22.6–22.7 Zone This level has acted as: Previous support Breakdown point Supply zone 👉 Price is now testing it again. This is the decision point. 📈 Bullish Scenario If price: Closes strongly above 22.7 Sustains for few sessions Banking sector remains supportive Then: 🎯 Targets: 24.5 25.5 Possibly 27 later Your arrow projection is reasonable technically. ❌ Bearish Scenario If breakout fails: Price may revisit: 21 20 Because banking stocks often produce: False breakout candles before real move.