yes bank

The chart of Yes Bank Ltd (NSE) shows a breakout above a long-standing trendline resistance around ₹19 in early May 2025, followed by a sharp rally towards ₹23. However, the stock has since retraced and is currently consolidating around ₹20.17 with low volatility. The price remains above the previous breakout level, which now acts as support. This consolidation indicates a potential base-building phase, and a breakout above ₹21.50 could resume the uptrend. On the downside, a break below ₹19.80–₹19.50 may weaken the bullish structure. Overall, the trend is neutral to positive as long as the price holds above the ₹19 trendline.