Market 360: Hitting the bulls eye: Bank Nifty Stocks.

Saturday, 30 September 2023

CNX-BANK NIFTY STOCKS KEY POINTS AND SUPPORT RANGE ON THE DOWN SIDE—29.9.2023

CNX-BANK NIFTY STOCKS

S.N NAME CMP IMP BOTTOMS L. T. AVERAGE RANGE

1. AU Small Finance Bank.713.50 707.55/ 696/630.85 1. 721----678.

2. 636----525.

2. Axis Bank Ltd. 1036.70. 1004/ 961.8/927/841 951---914.

3. Bandhan Bank. 251.60 243.70/229.55/209.55/182 243---231.

4. Bank of Baroda. 213.95 206.45/185.75/146.50 192----179.

5. HDFC Bank Ltd. 1526.30 1532/1515/1523.75/1414/1365 1.1640---1592.

(It is very weak as it is below its first range) 2.1541—1378.

6. ICICI Bank Ltd. 951.90 946/934.40/914/837/810/796 945---909.

7. IDFC First Bank Ltd. 95.50 89.30/52.10 78----69.

8. Indusind Bank. 1428.85 1396/1363/1345/1262. 1320---1231.

9. Kotak Mah Bank. 1735.70 1746/1729/1643/1626. 1. 1844---1807.

(It is very weak as it is below its first range) 2. 1851—1660.

10. P.N.B 80.20 74.55/65.50/58.55/49.70/44.40 1.59---55. Tough resistance range---- 2.78---95—107---130.

11. S.B.I 598.55 583.45/ 554/501.55/499 580-----565.

12. Fedral Bank 147.20 144.15/140.80/ 130.50/121. 1.135----130.

2.111.35—90.

NOTE: -- Please note that long term moving average is a strong support range and break below it can drag the stocks down to much lower levels. The range will change from time to time; I will keep it updated every week. Please note that figures in red indicate strong resistance.

Contact me for strategic guidance to enter and exit the trade

Thanks

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

Monday, 25 September 2023

CNX-BANK NIFTY STOCKS KEY POINTS AND SUPPORT RANGE ON THE DOWN SIDE—25.9.2023

CNX-BANK NIFTY STOCKS

NAME CMP WEEKLY BOTTOMS L. T. AVERAGE RANGE

1. AU Small Finance Bank.742.35 696/630.85/548 719----677.

2. Axis Bank Ltd. 1018.95. 961.8/927/841 948---910.

3. Bandhan Bank. 252.95 229.55/209.55/182 243---231.

4. Bank of Baroda. 217.40 185.75/146.50 191----178.

5. HDFC Bank Ltd. 1531 1523.75/1414/1365 1.1642---1595.

(it is very weak as it is below its first range) 2.1542—1378.

6. ICICI Bank Ltd. 956.35 946/914/837/810/796 944---908.

7. IDFC First Bank Ltd. 94.30 89.30/52.10 78----68.

8. Indusind Bank. 1442.75 1345/1262/1117/1065 1313---1229.

9. Kotak Mah Bank. 1784.40 1746/1643/1626/1230 1851---1660.

10. P.N.B 80.20 58.55/49.70/44.40 1.58.35---54.35

Tough resistance range---- 2.95—107---130.

11. S.B.I 594.05 554/501.55/499 580-----564.

12. Fedral Bank 147.10 130.50/121/109.45/82 135----129.50.