In the paper, author presents the analysis of the elastic-plastic residual stresses and the boundaries of plastic zones in two-dimensional model with central circular hole. The experimental testing was carried out by photoelastic coating method. The duralumin model was loaded within the overelastic range by uniformly distributed tensile stresses. For various levels of loading, the photographs of isochromatic pattern were taken. The residual stresses along the axis of symmetry perpendicular to the stretching direction were calculated by the characteristics method, using multisectional schematization of ϭ-ε relation for the material. The boundaries of plastic zones in the loaded model were obtained on the basis of the Treska-Coulomb yield condition directly from the isochromatic pattern. The analysis and discussion of the test results is presented.