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THREETREND RESEARCH

24th Feb · SEBI-Registered Analyst

YESBANK
Yes Bank trading near an upward-sloping trendline, indicating that the stock is currently taking support around the ₹20.7–₹21 zone. Price has been making higher lows along this rising trendline, which suggests buyers are still active at lower levels. Although the stock has seen some recent selling pressure and consolidation below previous highs, the structure remains neutral-to-positive as long as this trendline support holds. A sustained bounce from this zone can lead to a recovery toward the ₹22–₹23 resistance area, while a decisive breakdown below the trendline would weaken the structure and may invite further downside momentum

#TechnicalViews#FundamentalViews
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