Market Trading Guide: YES Bank Among Two Stock Picks for Monday with up to 10% Upside Scope
Indian equities faced broad‑based selling after the IMD projected monsoon rainfall at only 90% of the long‑period average, stoking fears of higher food inflation. The downside was cushioned by falling crude‑oil prices, easing bond yields and optimism over a possible US‑Iran diplomatic breakthrough. Analysts highlighted YES Bank (₹23.22 ≈ $0.28) and NBCC (₹100.3 ≈ $1.21) as short‑term buys, each showing bullish technical setups with targets that imply roughly 10% upside. Market participants now await the RBI’s policy decision and upcoming GDP data for further direction.
Elliott Wave Analysis of EURUSD – June 1st, 2026
The euro‑dollar pair slipped 0.6% in May, mirroring its modest performance earlier this year. An Elliott Wave assessment highlights a pivotal support zone that could dictate the next move. The analysis suggests the pair is caught in a consolidation phase,...
Elliott Wave Analysis of USDJPY – June 1st, 2026
USDJPY posted a modest 7‑pip rise, marking its third consecutive weekly gain and keeping the pair anchored around the 160.00 psychological threshold. The move reflects continued risk‑on sentiment despite lingering concerns over a potential Bank of Japan (BOJ) intervention. Elliott...