Chart Check: YES Bank jumps over 30% in one month; will it rise more?

After breaching the Rs 18 mark, the breakout should see a surge towards Rs 24 to Rs 23 range.

Shares of YES Bank were trading nearly 0.5 per cent lower in the late morning deals on Wednesday. The stock has risen over 30 per cent in the past month, recovering from the low of Rs 12.20 to the today's high of Rs 15.90 on the NSE. The stock has outperformed the market in one month, following the news of bank's inclusion in the MSCI India Index with effect from December 1. In comparison, the S&P BSE Sensex has rallied 12 per cent.

That apart, the private sector lender aims to double its retail plus small and