Leading Indian stocks, including YES Bank, Steel Authority of India Ltd (SAIL), and Hexaware Technologies Ltd, are poised for attention in the upcoming trading session. Analysts from Anand Rathi Share and Stock Brokers Ltd have provided a technical outlook for these companies, detailing key support, resistance, and potential price targets based on their performance as of August 25, 2026.
YES Bank Analysis: Cautious Outlook
For YES Bank, analysts observe a cautious-to-bearish outlook on its daily chart. Currently trading around Rs 22.55, the stock is positioned below its 50-day Exponential Moving Average (EMA) of Rs 22.95, signaling potential short-term weakness. The 200-EMA at Rs 22.01 acts as a crucial support level.
Momentum indicators like the Relative Strength Index (RSI) are below the 50-mark, and the Directional Movement Index (DMI) also points to weakness, suggesting a lack of strong trend momentum. Key support levels are identified at Rs 22.01 and Rs 21.49. A sustained breakthrough above Rs 22.95 could improve its technical structure, potentially opening a path towards Rs 24.05. Traders are advised to exercise caution until a clearer improvement in momentum is observed.
SAIL Technical Outlook: Bullish Setup
Steel Authority of India Ltd (SAIL) is exhibiting a bullish technical setup. The stock has found strong support near its 200-day DEMA, indicating that its long-term trend support remains intact. This price action around a significant moving average suggests buying interest at lower price points.
Momentum is also supportive, with the RSI trading above its 45-period WMA and sustaining above the 50 level, which signifies improving strength and a positive momentum bias. As long as SAIL holds its key support zone at Rs 174, the current structure favors an upward movement. The immediate target and resistance are set at Rs 190. A sustained breakout above this level could further intensify the bullish momentum.
Hexaware Tech: Wait & Watch Zone
Hexaware Technologies is currently in a 'wait & watch' phase. The stock is encountering resistance near its 200-day DEMA. However, over the past two sessions, Hexaware has successfully taken support along a rising trendline, indicating underlying buying interest at lower valuations.
The RSI has maintained a level around 40, coinciding with its recent swing-low zone, suggesting that momentum is holding firm despite resistance. A fresh bullish setup could emerge if the stock achieves a closing breakout above Rs 580. Until then, Rs 530 remains a critical support level, while Rs 580 acts as both immediate resistance and the trigger for an upward breakout.
Disclaimer: This stock market analysis is provided for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.