Yes bank

Yes Bank chart, the price structure shows a rounding bottom pattern, which forms when the stock gradually shifts from a downtrend to an uptrend, creating a smooth, bowl-shaped curve. This pattern reflects a slow shift in sentiment — sellers dominate early on, but as time passes, buyers steadily gain control, leading to higher lows and finally a breakout above resistance. The blue trendline drawn below connects the series of higher lows, indicating strong accumulation and acting as dynamic support throughout the formation. Once the price breaks above the horizontal resistance line near ₹23–24, it confirms the rounding bottom breakout, suggesting a potential continuation of the bullish trend with rising momentum.