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YES BANK Stock Tips - Stock on the verge of bearish breakout below 502 in daily and hourly chart as per Technical Analysis. (Updated On 14th July 2014, Monday).






  • YES BANK is witnessing selling in hourly chart from its 61.8% golden ratio fibonacci retracement , stock is now facing trend line support around 502, which indicates once Yes bank starts trading below 502 with volumes and stays below then some intraday action is expecting.
  • Daily chart indicates stock is now trading below 23.6% fibonacci retracement with will favor Yes bank bears, and stock also facing small trend line support at current levels as shown above , If Yes Bank closes below its trend line support zone (502) and stays below then stock looks weak for next 1-2 trading days.
  • Daily chart also indicates stock is trading below 50 days moving average, as long as stock trades below stock will favor bears.



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