YES BANK DOUBLE BOTTOM BUY OPPORTUNITY

YES BANK STOCK HAS BEEN ON STRONG SELL TREND SINCE APRIL-2019. STOCK HAS HELD IRS SUPPORT OF 01-OCTOBER-2019. SINCE THAN IT HAS BEEN ON PULL BACK TO DOWN TREND OF APRIL TO OCTOBER 2019. IT HAS CREATED MINOR LEVEL OF STRUCTURE AROUND INR 45 LEVEL, WHICH CAN ACT AS SUPPORT TO RECENT BULLISH MOVE. CHART CAN FORM DOUBLE BOTTOM FORMATION ON DAILY CHART. WE CAN LOOK TO ENTER BUY TRADE AROUND INR 43 TO 40.75 WITH STOP LOSS NEAR INR 38 WITH TARGET-1 AROUND INR 51 AND TARGET-2 AROUND INR 70.