MURUGAVEL

Almost all the listed PSU Banks Macro Levels were posted here on   10th Dec.2015  SOME MACRO LEVELS OF PSU BANKS - PART 1    and 11th Dec.2015 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. *** 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 *** 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. *** HDFC (1150) - Last hope and support 1150--1090 But below that 950-920 & 845-825 *** ICICIBANK (224) - Below 24...

HDFC  (1167) -  Last hope and support 1160-1130 But below that  Downside target  935--905

HDFC (1337) - Above 1315-1290 Upside target  1400-1430 but afterwards ULTIMATE UPSIDE TARGET   1650-1670

HDFC (839) - Resistance 842-852 But above that upside target 922-932

HDFC (770) - Hereafter support 765-735 Above That Short Term Upside Target 950-960 In between Resist exists at 860-870

HDFC (651) -  Support 650-640 But Below that down side target 610-600

HDFC (628) - Remind the 19th Aug. post. Last hope 625 but below that take it down to 580-570

HDFC (641) -  Last hope 625 but below that take it down to 580-570

HDFC (690) - Below 690-685 down target 649-647 in between support  664-660

HDFC (701) - June 28th Posted here for target of 760-765 whereas it seems timebeing top out at  712 so if it not break and trade above 712, expect correction 684 & 664-660

HDFC (675) -  Face Hurdle 684-694 But trade above that, going to attack in upside 760-765 in between resist at 728-738

HDFC  (648) - Posted on 23rd May, "Face hurdle 680-685" whereas  it went up to 692 on 01st June and from there it already fell down to 643. now what next ? Support 640-635 But trade and stays below that fall continue to 592-582

HDFC (659) - Posted on 04th May "below 680 down target 630_620" As posted, on 04th May it broken 680 and attacked the mentioned target on 17th may, when it made a low of 627. from there, it already bounce backed to 663 now what next ? If hold 655-650 then upmove continue and face hurdle at 680-685

HDFC (684) - Trade and stays below 680, downside targat 630-620 in between support at 655

HDFC (732) -  As posted on 04th April. exactly it took support at 684 on 13th April from there now it is moving the mentioned upside target of 750-757. The mentioned target intact.

HDFC (708) - Posted on 04th Mar. above 670 upside target 708-718. as posted,   it attacked the mentioned target on 31st mar.(it made a high of 715) now from here, if it correct, come down to 684-680 now above 718 upside momentum continue to 750-757.

HDFC (672) - Above 670-660 upside target 708-718.

HDFC (627) - Hereafter if move above 653 only upmove. so below that once again test the low 612 & 590.

                                          HDFC (617) -  Below 612 come down to 575_565  minor support 590 upside hurdle remain same 630-640

HDFC (663) - Already bottomed out at 635. so hereafter further fall only if trade below 640-630 level. Now upside expect 690 & 710.