IDBI BANK
Technical View
IDBI Bank trade with low volume from the last few trading session it is moving sideways. it is now trading at 139.95 and taking resistance at 143.95 and support at 137.30. trading above the resistance level of 143.95 it would be in an uptrend else below 137.30 it would might face more selling pressure.
SYNDICATE BANK
Technical View
Syndicate bank is trading near to the 52 week high from the last few trading session it is moving sideways from this level either side of movement would be expected. it is now taking resistance at 118.90 and support at 114.05. in order to be in an uptrend it has to trade and consolidate above the resistance level of 118.90 else below 114.05 it would might face more selling pressure.
KARUR VYSYA BANK
Technical View
In today’s trading session it manages to trade and consolidate below the 10 days and 50 days moving averages. In order to be in an uptrend it has to trade and consolidate above the resistance level of 640 else below 553.57 it would might face more selling pressure
SOUTH INDIAN BANK
Technical View
From the last few trading session it is moving sideways with low volume form this level either side of movement would be expected. It has resistance at 214 and support at 204 if it manages to trade above the resistance of 214 it would be in an uptrend else it has support at 204 below this level it would might face more selling pressure.
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