YesBank - Bearish Bat AxisBank - Channel Breakout ( will fail & range again, just My opinion ) SBI - Bearish Cypher
So as of now our technical aspects point downside...
Fundamental : Not literally fundamental view, based on macro news, YesBank - Lesser NPA than Axis & better next to HDFC AxisBank - High NPA among privates SBI - Banks consolidation will do it down & NPA none cares, bcos its public(our) Money, so they don't mind about getting it back. :)
brother donot forget potential reversal zone ,some people forcast before a harmonic patern formed,so he most trade before harmonic pattern formed,my word have some logic,think,i am not critisising you,i respect you,
InsiderB
⋅
@rupambose32, Even if you criticize , its welcome only bro :) But unfortunately, it's how patterns are traded & I continue to do so... I don't look for prz gimmicks, that logic is bit messy, When there is pattern formation, the completion D point is entitled as PRZ already, looking for support resistance fibs planning the PRZ is like you are double painting same wall in two colors , layer over layer, better don't confuse people, simpler the better bro :)
My addition to the above....View of theses three banks would not represent Bank Nifty view.... For that HDFC Bank, ICICI Bank and Kotak Mahindra bank would matter more....