Yes Bank stock price: Traders looks to sell future on rise: Investors Buy shares on Declines

Yes Bank Futures Weekly chart: Stays weak, Sell on rise or on breakdown. Buy at lower levels

Yes Bank stock future trend remains down. Either look to sell on rise around 322-327, with a closing stop loss of 337 for a target of 280, if broken then 260.

Or

In case CAD data is negative on Monday and there's pressure on Banking stocks, then sell below 302, for a target of 280-83. Book profits at this level and maintain position only if 278 is broken for a target of 258-62 on the lower side.

One thing I like about Yes Bank is the higher volumes when the stock bounced off from lower levels of 216-220. So at some time, at lower levels, after the stock price would have declined I shall certainly take an investment call and Buy the stock again on delivery for portfolio. There's a lot of fear/pessimism in the share price.

Never trade without stop losses. Never bet your house on a single trade, if any fails, there will be another which won't fail. Stop loss is always your best friend, hope is the enemy.

Happy and Safe Trading!!