- summary:
- Yes, the bank’s share price is hovering near $ 17.87, as the bullish momentum is based. Can stocks break more than $ 19.22, or will it re -test the support at $ 17.16?
Yes, NSE Bank: Yesbank rose up, as it rose to $ 17.87 in trading during the day. Buyers have returned in the last sessions, but the momentum is still cautious as the broader market moves in mixed global signals and defeated folders in the banking area.
Yes, bank technical levels – a view of the graph
- Current price: $ 17.87
- Immediate resistance: $ 19.22 – the last high swing; The level of penetration for viewing
- Secondary resistance: $ 20.59 – September reaction zone
- Support Zone 1: 17.16 dollars – Axis and Modern Monotheism
- Support area 2: 16.05 dollars – a strong base formed in early April
Outlook: Can the bank build on modern power?
Although there is no clear outbreak yet, the stock has kept higher than the main support levels and is now building a base. Feelings seem to be optimistic in moderately, but the broader signs of the banking sector and market liquidity trends likely to affect the next crucial step.
