Yesbank is in the process of forming a right shoulder of the famous Inverse Head and Shoulder Pattern. Risk Averse Investors can wait for the price to break the neckline as mentioned. SL would be the head.
possible H&S in the making.The breakout happened to be a false one on daily tf,thus a dow ward thrust can be expected.Expect a retracement till 748-750 zone where short trade can be timed.stop loss-757,Target-730
Technically it looks like Copper is getting ready for long term upside by forming strong consolidations at monthly support. Looks like left shoulder and head is already formed where head is formed by a double bottom pattern which is also bullish.
Once pattern completes and price breaks above the pattern we can see a very strong and clean up trend.