Yes Bank Ltd. - BEARISH TREND - WEEKLY VIEW

2020년 5월 19일

Yes Bank Ltd. - BEARISH TREND

There is no reversal witnessed and the price is
maintaining negative bias in the lower side of the downtrend.

Daily and weekly trading volatility has sqeezed which clearly shows that traders are not interested to enter for long positions yet.

31.60 - 20.25 zone can be considered as resistance and support respectively.

Breakout of this mentioned support and resistance zone can produce short term directional indication.