Page 5 - Nifty Psu Bank

Nifty Financial Services may see correction; PSB index eyes profit booking

Within the range of 19700 to 19425, investors are advised to accumulate the Nifty Financial Services index and its constituents, says Ravi Nathani

Fin Nifty needs to clear hurdle at 20,500; Pvt Banks index looks bullish

According to Ravi Nathani, an independent technical analyst, the outlook for Nifty Metal, Energy and Pharma indices is bullish and hence recommends to buy at CMP or on dips.

Nifty PSU Bank index may rally another 10% from here on, show charts

The final target for the ongoing up trend in the Nifty PSU bank index is projected to be in the range of 4,620 to 4,875

HDFC, IDFC mergers may not trigger consolidation of PSU banks: Analysts

There is more money to be made in PSBs as RoA expansion has peaked for private banks, analysts said

Trading strategies for Nifty PSU Bank, Private Bank indices

Ravi Nathani, independent market analyst decodes technical charts for Nifty PSU Bank and Private Bank indices; check out

Nifty PSU Bank index surges nearly 4%; Canara, BoB, BoI, PNB rally up to 7%

In the past two trading days, the Nifty PSU Bank index has rallied 6 per cent

Bias for Nifty PSU Bank, Pvt Bank indices remain bullish; here's why

According to Ravi Nathani, an independent technical analyst, the current consolidation in Nifty Pvt Bank index is more time-based rather than price-based.

Nifty Pvt Banks index may weaken; avoid shorting PSU Bank index

According to Ravi Nathani, an independent technical analyst, the short-term trend for the Nifty PSU Bank Index is bullish, indicating a positive outlook in the near term.

Sell Nifty Pvt Bank on rally; Nifty PSB to see profit booking below 4,050

A close below 4,050 in the Nifty PSU Bank index would likely attract profit booking in the near term, says Ravi Nathani, an independent technical analyst.

Look to sell Nifty Financial Service, PSU Bank indices on rise

According to Ravi Nathani, an independent technical analyst, the Nifty Financial Service Index is currently trading near the higher end of the anticipated trading band of 19,100 - 19,650.

Nifty Pvt bank index is consolidating; track these levels for next big move

If the index manages to surpass 22,480 and 22,650, it could indicate a bullish breakout.

Sell Nifty Private Bank, Financial Service indices on rise, suggest charts

According to Ravi Nathani, an independent technical analyst, the charts are indicating a likely range-bound trade on the Nifty PSU Bank index.

Charts show range bound trend for Nifty IT in near-term, adopt sell-on-rise

Given the current market conditions, the best trading strategy for traders would be to buy the Nifty IT Index near the support levels and sell it near the resistance levels, said the technical analyst

Here's why you should consider selling PSU, Pvt Bank indices on rallies

According to Ravi Nathani, an independent technical analyst, the Nifty Private Bank index can also be sold at current levels, with 21,250 seen as a crucial support for the index.

PSU banks rally; Punjab & Sind, Uco Bank, Indian Bank surge up to 12%

At 02:23 pm, Nifty PSU Bank index, the top gainer among sectoral indices, was up 2.5 per cent

Traders can adopt 'buy-on-dips' strategy for Nifty Pvt Bank: Ravi Nathani

According to the technical analyst, traders can employ 'buy-on-dips' strategy for Nifty Private Bank, Nifty PSU Bank, and Nifty Financial Services indices

Charts signal Nifty Auto index to bounce back in near-term: Ravi Nathani

According to the technical analyst, charts suggest rapid technical bounce for the Nifty Auto index, wherein traders can anticipate a price recovery

No SVB-like scenario in India; banks are on a strong footing, say analysts

The sell-off in the banking pack, analysts said, was a knee-jerk reaction to the developments with US-based Silicon Valley Bank (SVB) that announced a share sale to shore up its finances

PSU outperformance over Nifty can continue; investors fear price downtrend

Though there are some inherent downsides, upsides include low valuations, high dividend yield

Charts show bullish trend for Nifty Private Bank in near-term: Ravi Nathani

According to technical analyst, the Nifty Private Bank index exhibits a bullish trend in the near term, but traders must exercise caution and wait for decisive breakout before taking any new position