YESBANK - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.1

Here’s a detailed technical analysis of YES Bank Ltd (YESBANK)

📊 Trend Overview

Current Trend: The stock is in a short-term uptrend, showing strong recovery from its 52-week low and trading above key moving averages.

Price Action: At ₹21.1, YESBANK is above both the 50-DMA (₹19.9) and 200-DMA (₹19.8), confirming bullish momentum and trend continuation.

📈 Momentum Indicators

RSI (67.5): Approaching overbought territory. Indicates strong momentum but suggests caution for short-term traders.

MACD (0.47): Positive crossover, confirming bullish sentiment and potential for continued upside.

Volume: Current volume (88.4 crore) is slightly above the 1-week average (81.9 crore), showing strong participation and buying interest.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 19.9 Support

200-DMA 19.8 Strong Support

Current Price 21.1 Above both DMAs

📌 Bollinger Bands

Price is near the upper band, suggesting strong momentum but potential short-term resistance.

A breakout above ₹21.5–₹22.0 could trigger a rally toward ₹23.5 (52-week high).

🧭 Support & Resistance Zones

Immediate Support: ₹20.5–₹21.0 zone

Major Support: ₹19.0–₹19.5 zone

Immediate Resistance: ₹22.0–₹22.5 zone

Major Resistance: ₹23.5 (52-week high), then ₹25.0+

🎯 Entry & Exit Zones

Optimal Entry: ₹20.5–₹21.0 (on pullback with MACD support)

Exit Zone: ₹23.0–₹23.5 (first resistance), ₹25.0+ if momentum builds

🔍 Conclusion

YESBANK is currently trending upward with strong RSI and MACD signals. Price action above key moving averages and high volume confirms bullish sentiment. A breakout above ₹22.0 with volume could signal further upside, while a pullback to ₹20.5 offers a favorable entry. The stock remains in a bullish trend with short-term momentum intact.

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