10-Day Support Bounce insight on Yes Bank yesterday on Tradomate. The setup shows a 72% win rate with a backtested TP of ~5.5% and SL of ~4.9%, which lined up neatly with what’s been forming on the charts.
T1 is set based on the Insight. Risking 5% on this one for a target of 5.5%. But if this bounce sustains, the stock could test the next resistance zones near ₹25.1-25.35.
Lmk if you guys have some views on Yes Bank
