Update on technical levels of PSU Banks 4th Jan 2018
1. State Bank of India
Support at 300 and Resistance at 309
Above 309 rally remain continue till 318---325+++ mark in days to come else could touch its support level of 300 again.
2. PNB
Support at 160 and Resistance at 174
Above 174 rally remain continue till 188 – 190++ mark in days to come else it could test its support again
3.Andhra Bank
Support at 56 and Resistance at 60
Break and close above 60 will take it to 64---65+++ mark in days to come else could touch its support level of 60 again.
4. Syndicate Bank
Support at 76 and Resistance at 81
Close above 81.00 will see sharp upside rally till 86 - 88 +++ mark in days to come else it could touch its support level of 76 again.
5. Canara Bank
Support at 340 and Resistance at 366
Close above 366 will take to 390---392+++ else could touch its support level of 340 again.
6. Bank of India
Support at 167 and Resistance at 176
Close above 176 will take to 182---185+++ mark else it could touch its support level of 167 again.
7.Karnataka Bank
Support at 143 and Resistance at 157
Break and close above 157 will take it to 170---172+++ mark in days to come else could touch its support level of 143 again.
8. Allahabad Bank
Support at 69 and Resistance at 75
Break and close above 75 will take it to 80---81+++ mark in days to come else could touch its support level of 69 again.
9.Bank of Baroda
Support at 155 and Resistance at 164
Break and sustain above 164 will take it to 172---175+++ mark in days to come else could touch its support level of 155 again.
10. IDBI Bank
Support at 56 and Resistance at 64
Above 64 rally likely to remain continue till 70 – 72 +++ mark in days to come else could touch its support level of 56 again.
11.Union Bank Of India
Support at 140 and Resistance at 148
Break and sustain above 148 will take it to 156---160+++ mark in days to come else could touch its support level of 140 again.
12.Oriental Bank of Commerce
Support at 115 and Resistance at 124
Break and sustain above 124 will take it to 132---135+++ mark in days to come else could touch its support level of 115 again.
13. Indian Bank
Support at 360 and Resistance at 385
Break and sustain above 385 will take it to 405 – 410 +++ mark in days to come else could touch its support level of 360 again.
More will update soon!!!
