Yes bank

YESBANK is trading near ₹20.06 after a prolonged downtrend, currently hovering just above a rising trendline support. The price is below the key EMAs (50/100/200/500), indicating bearish pressure. However, the price is trying to hold the ascending trendline which has acted as dynamic support in recent sessions. The RSI is at 40.86, indicating weak momentum with bearish bias, yet not in the oversold zone. A breakdown below ₹20.00 with volume may lead to further downside towards ₹19.80–19.50 levels. On the upside, sustained recovery above ₹20.25–20.30 (500 EMA) may trigger short covering towards ₹20.60+. Price action near the trendline will be crucial for the next directional move.