YESBANK - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 2.9

Here’s a detailed technical analysis of Yes Bank Ltd (YESBANK) based on the data you provided and current market indicators

📊 Trend Overview

Current Price (₹19.4) is below both 50 DMA and 200 DMA (₹19.9) — signaling short-term and long-term weakness.

52W Index at 30.2%: Trading near the lower end of its yearly range.

Trend Status: Reversing to bearish, with signs of ongoing downtrend.

📈 Momentum Indicators

RSI (37.9): Approaching oversold territory — indicates weak momentum and potential for a short-term bounce.

MACD (-0.16): Negative crossover — confirms bearish momentum.

Volume (6.25 Cr) is below 1-week average (7.71 Cr) — suggests lack of buying conviction.

📉 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 18.8 Near recent low, psychological level

Support 2 16.0 52-week low, strong long-term support

Resistance 1 19.9 50 & 200 DMA, short-term ceiling

Resistance 2 21.5 Previous swing high

🎯 Entry & Exit Zones

Optimal Entry: ₹18.5–₹19.0 (if RSI dips below 35 and volume stabilizes)

Exit Zone: ₹19.9–₹21.5 (watch for rejection near moving averages)

📌 Chart Pattern Insights

Bollinger Bands likely widening — indicating increased volatility.

No clear bullish reversal pattern; price action remains range-bound with downward bias.

MACD and RSI suggest oversold bounce possible, but trend remains weak.

🧠 Summary

Trend: Bearish and reversing

Momentum: Weak, with oversold signals

Volume: Low — indicates hesitation

Suggested Action: Avoid aggressive entry. Watch for bounce near ₹18.5 with tight stop-loss. Exit near ₹21.5 unless breakout confirmed.

Want to compare Yes Bank’s setup with other banking stocks like IDFC First or RBL Bank to spot relative strength?

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