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Not HDFC or YES Bank: These 3 bank stocks can rally up to 16%, say charts

Here's a technical outlook on HDFC Bank, ICICI Bank, YES Bank, RBL Bank, Union Bank of India post Q1 results.

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ICICI Bank and RBL Bank can rally up to 16%, suggest technical charts.

Rex Cano Mumbai

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Bank shares were buzzing trade on Monday, with private-sector leaders - HDFC Bank and ICICI Bank gaining up to 2 per cent each as these stocks reacted to Q1 results over the weekend.  HDFC Bank reported a 1.3 per cent year-on-year (YoY) decline in Q1 net profit at ₹16,475 crore; while the bank also announced a 1:1 bonus share issue. Meanwhile, ICICI Bank posted a 15.5 per cent growth in net profit at  ₹12,768 crore.  Among others, YES Bank Q1 net soared over 59 per cent, and Union Bank of India's increased by 12 per cent. RBL Bank,