Long

YESBANK: Ascending Triangle

Updated

YESBANK is stuck in a ascending triangle pattern. We have also presented related ideas of a rising channel and inverted head and shoulder pattern developing. A powerful breakout above 18.6 will break these 3 patterns.

Note

Again at critical support of the trendline of the ascending triangle. A good bounce can take it up and a break below can make it weak.

Related publications

YES BANK: Inverted Head and Shoulder

YESBANK: Ascending Channel

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