Update on technical levels of PSU Banks
1. State Bank of India
Support at 292 and Resistance at 310
Above 310 rally remain continue till 325 - 330+++ mark in
days to come else could touch its support level of 292 again. Below 292 we may
see downside till 285 - 280
2. PNB
Support at 158 and Resistance at 165
Above 165 rally remain continue till 175 – 178++ mark in
days to come else it could test its support level of 158 again. Below 158 we
may see downside till 153 - 150
3.Andhra Bank
Support at 48 and Resistance at 52
Break and close above 52 will take it to 54.5 - 56+++ mark
in days to come else could touch its support level of 48 again. Below 48 we may
see downside till 45 - 42
4.Syndicate Bank
Support at 65 and Resistance at 70
Break and close above 70 will take it to 73 - 75+++ mark in
days to come else could touch its support level of 165 again. Below 65 we may
see downside till 60 - 58
5. Canara Bank
Support at 308 - 305 and Resistance at 330
Close above 330 will take to 342 - 345+++ else could touch
its support level of 308 again.
Below 308 we may see downside till 295 - 290
6. Bank of India
Support at 145 and Resistance at 155
Close above 155 will take to 160 - 165+++ mark else it could
touch its support level of 145 again. Below 145 we may see downside till 140 -
138
7. Allahabad Bank
Support at 60 and Resistance at 65
Break and close above 65 will take it to 69 - 72+++ mark in
days to come else could touch its support level of 60 again. Below 60 we may
see downside till 57 - 55
8.Bank of Baroda
Support at 146.5 and Resistance at 158
Break and sustain above 158 will take it to 165 - 168+++
mark in days to come else could touch its support level of 146.5 again. Below
146.5 we may see downside till 140 - 138
9. IDBI Bank
Support at 58.5 and Resistance at 62.5
Above 62.5 rally likely to remain continue till 68 - 70 +++
mark in days to come else could touch its support level of 58.5 again. Below
58.5 we may see downside till 55 - 52
10.Union Bank Of India
Support at 125 and Resistance at 135
Break and sustain above 135 will take it to 140 - 145+++
mark in days to come else could touch its support level of 125 again. Below 125
we may see downside till 120 - 118
11.Oriental Bank of Commerce
Support at 110 and
Resistance at 116.5
Break and close above 116.5 will take it to 122 - 125+++
mark in days to come else could touch its support level of 110 again. Below 110
we may see downside till 105 - 100
12. Indian Bank
Support at 335 and Resistance at 360
Break and sustain above 360 will take it to 680 - 385 +++
mark in days to come else could touch its support level of 335 again. Below 335
we may see downside till 325 - 320
