Most of the banking stocks have come above 200 EMA and includes large cap as well as midcap banks.
HDFC Bank, ICICI Bank, State Bank of India, Axis Bank, Vijaya Bank, Uco Bank, Union Bank and many.
However there are certain banks which are below their 200 EMA. Notables are:
(on 15/02/11 at 13:08 hrs)
Orient Bank LTP 348/- 200 EMA = 383/-
Dena Bank LTP 97/- 200 EMA = 105.85/-
Yes Bank LTP 275/- 200 EMA = 293/-
One can buy these scrips with target of 200 EMA.
Also BANK NIFTY is aboe 200 EMA.
regards
HDFC Bank, ICICI Bank, State Bank of India, Axis Bank, Vijaya Bank, Uco Bank, Union Bank and many.
However there are certain banks which are below their 200 EMA. Notables are:
(on 15/02/11 at 13:08 hrs)
Orient Bank LTP 348/- 200 EMA = 383/-
Dena Bank LTP 97/- 200 EMA = 105.85/-
Yes Bank LTP 275/- 200 EMA = 293/-
One can buy these scrips with target of 200 EMA.
Also BANK NIFTY is aboe 200 EMA.
regards
