Summary:
- YES BANK share price hovers near ₹17.87 as bullish momentum builds. Can the stock break above ₹19.22 or will it retest support at ₹17.16?
YES BANK (NSE: YESBANK) edged higher, climbing to ₹17.87 in intraday trading. Buyers have returned in recent sessions, but momentum remains cautious as the broader market navigates mixed global cues and subdued volumes in the banking space.
YES BANK Technical Levels – Chart Overview
- Current Price: ₹17.87
- Immediate Resistance: ₹19.22 – Last swing high; breakout level to watch
- Secondary Resistance: ₹20.59 – September reaction zone
- Support Zone 1: ₹17.16 – Recent pivot and minor consolidation area
- Support Zone 2: ₹16.05 – Strong base formed in early April
Outlook: Can YES BANK Build on Recent Strength?
While there is no clear breakout yet, the stock has held above key support levels and is now building a base. Sentiment appears mildly optimistic, but broader cues from banking sector performance and market liquidity trends will likely influence the next decisive move.