YES Bank has broken out on the upside after surpassing a major hurdle of Rs 25 recently. The trend has turned extremely optimistic and any corrective move should witness addition in longs.
HDFC Bank drags Sensex 2 2% lower, its worst fall in 19 months thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Options data points towards a continuation of the rally to test higher levels of 22300 and 22500. Immediate trading support stands at 22000-21900. A positive view negates only below 21700.