Almost all the listed PSU Banks Macro Levels were posted here on
SOME MACRO LEVELS OF PSU BANKS - PART 2
Out of it, in the last one month, some banks were already met the mentioned macro levels and some are on the way to meet the mentioned macro levels.
Now it is time to see the macro levels of some of listed Private Banks.
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AXISBANK (374) Already posted on 13th Aug 2015 itself "below 515-505 down side target 400-380,
but yesterday ,it closed even below that also.
Now what next ?
Now, below 400-380
next in down side 336--303
and worst case 270--260
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HDFCBANK (1042) - Below 1040 next in down side 986---943
But below that
ultimate down side 770-750
with in between support at 865-850.
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HDFC (1150) -
Last hope and support 1150--1090
But below that 950-920 & 845-825
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ICICIBANK (224) - Below 245-255 next in down side 190--180
But below that 140--125.
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INDUSINDBK (921) Below 925-940
next in down side 866-851 & 725-710
But below that 585--570
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KOTAKBANK (675) - Below 695-710
next in down side 645-630
and last hope 595-580
But below that 465-450
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YESBANK (664) - Already posted on 29th July 2015 as "Hope and support 791--771 & 741-731
After this post, it came down to 595 and bounce backed
now what next ?
Below 731-741, already mentioned
down target 565-545 remain same
and below that 415--395
