YES Bank under pressure
The long-term outlook for YES Bank (₹1,488) remains positive. However, in the short term, the stock may come under pressure. YES Bank finds immediate support at ₹1,460 and a close below that level will weaken it towards ₹1,328. Only a close below ₹1,124 will alter the long-term positive view. To reconfirm the positive outlook, the stock has to close above ₹1,563.
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