Banknifty Major Components Review

HDFC Bank
-From last two trading session volume is good
-Made bullish pin candle at bottom
-Respecting old swing low

ICICI Bank
-From last two trading session volume is good
-Outperformed and closed at 3.95% gain
-Made bullish candle on daily chart

Kotak Bank
-Among all the components this bank is very strong
-After results most of the day made green candle on daily chart
-1840 is breakout level and closed near the same level
-Potential target 1970

Axis Bank
-After mutual fund scam still managed to hold previous swing low
-Last session volume is good
-Swig low support maintained

SBI Bank
-Holding previous swing low
-Volume is good
-Potential target is 500
-Multiple times bounce from same support area

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