Yes Bank the real wealth Destroyer which comes into effect after the corporate governance and NPA issues. With its mediocre June Quarter Performance stock is all set to make a low. On Friday, Yes Bank enters below the Half-century zone. The Diamond has started losing its fade. Here's what the technicals has to say.. At the current levels of 48-49. Yes Bank has coming down to its multi-year Support range of 40-43. Below that if it will lead to the crash down to the levels of 20-18 levels (where it has started it journey of bull). On the Resistance: 58 & 74 plays the road block to its high. Fundamentally drowning stock looks attractive but management issues leading a bear ride. (For Risk Takers)
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