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How To Trade : PSU Banks : Indian Bank, Bank of Baroda, Bank of India, PNB and Dena Bank

INDIAN BANK : One of the best performing stock from banking sector, Best entry 285-50 stoploss 235.

Bank of Baroda : Yesterday, stock closed near support 138, breaking this is going to open ways for next support  near 132-27 to 110 where one can start accumulation.  
 Bank of India : Stock has support near 108, below that another big fall on cards.Have a look at chart.

PNB : Stock was updated time to time. Since our short call at 182 stock has fallen 50% & hit 92. Stock took some support & manged to close above 100 during the week. However as per our chart study stock need to trade & sustain above 106-07 for any big move. On dips stock can test 92-87 to 70 in coming weeks. Long term invstors can start accumulation.


 Dena Bank : Stoc is in long term downtrend & till now there is no big hope. Below 20 stock can test 18 in oming days. 18 can workas support here one can add Dena Bank with sl 16.85 for targets of 24-26 in coming months.