As per my wave count - the correction in Yes bank is not yet over and can still go below 147 in the current year
Presently yes bank has gone upto 38 % of the downmove ?
200 ema is @ around 255
The question to be asked now is whether Yes bank the the strength to go above 250
There is some support @ 180 levels
The coming week is interesting ! Updates will follow
Yes bank on weekly is testing the long term support / resistance level at 50 % fib and respecting the trend line .
A bounce is expected from this level .
If this level is broken , then expect stock to fall further to support of 180 .
the stock i personally feel bearish but yet just to mention levels and to remember them placing the idea here so as i can revisit and keep a check of what is going right and vice versa!
