YES Bank: Volume Breakout Signals Bullish Momentum 💥

Technical View:

rallied sharply by 7.05% to ₹24, marking a strong breakout above its recent swing high of ₹22.5. The surge came with massive volume (~550M shares) — the highest in months — confirming aggressive buying interest. The stock now trades well above its 20- and 50-day EMAs, with RSI rising to 83, indicating strong momentum but mildly overbought levels. This suggests the trend remains powerful, though a short-term pause or consolidation cannot be ruled out. Immediate support is placed at ₹22.3 and ₹21.0, while resistance lies near ₹25.0–₹25.8. A decisive breakout above ₹26 could fuel the next leg higher toward ₹28–₹30.