Bank Nifty : As predicted BankNifty hit 32300, we initiated BankNifty around 17-18000, and updated time to time like at 22200, at 23900, at 27500 and at 30000.
Now as per daily charts, we need to close above 32400 for next level of targets 33500-34000-35500. On dips we will have buying opportunities around 31800 and 30800, Have a look at daily chart
Axis Bank : Book some profit, reenter if sustains above 680 for 705-50-60. Stock has good support around 640-630. Big fall only below 630.
AU Small Finance Bank : Stock is trading around a major Trendline and need to cross it above 920 for further rally towards 945-1000. The candle formed on Friday on daily chart indicating profit booking however stock has good support around 884, below that testing of 864-52 can't be ruled out. Major downside only below 850.
Bandhan Bank : We are continuously suggesting this stock since it was around 155 in March-April 2020, now its trading above 400 levels. Stock is still looking good on charts and can test 435 to 470 in near term. Support exists around 400-390. Below 390 targets will be 380-365.
Bank of Baroda: Longs were advised near 36 , 40 and again near 60, now as per daily charts, stock is facing resistance around 68-71 and need to cross this range for fresh move towards 77-84. As per weekly chart below 64 stock has support around 59-58(50wMA)
