| Private Bank Nifty Index Shares | 25Feb21 Chart Strength | 16Apr19 Chart Strength | 6Jun18 Chart Strength | 29May17 Chart Strength | 29Apr16 Chart Strength |
| Axis Bank | 3 | 7* | 8 | 14 | 6 |
| Bandhan Bank | 8 | ||||
| City Union Bank | 10 | 11* | 4 | 9 | 5 |
| Federal Bank | 4 | 5* | 15 | 8 | 12 |
| HDFC Bank | 2 | 4* | 3 | 2 | 3 |
| ICICI Bank | 5 | 2* | 9 | 1 strongest | 7 |
| IDFC First Bank | 1 strongest | 12 | 14 | 15 | |
| IndusInd Bank | 7 | 10 | 2 | 3 | 2 |
| Kotak Mahindra Bank | 6 | 1* strongest | 1 strongest | 4 | 4 |
| RBL Bank | 9 | 6* | 5 | ||
| Above 200-dma | 100% | 100% | 60% | 90% | 70% |
| Other Private Bank BSE NSE Shares | 25Feb21 Chart Strength | 16Apr19 Chart Strength | 6Jun18 Chart Strength | 29May17 Chart Strength | 29Apr16 Chart Strength |
| DCB Bank | 8* | 7 | 6 | 9 | |
| Dhanlaxmi Bank | 9* | 16 | 12 | 13 | |
| Karnataka Bank | 3* | 13 | 7 | 11 | |
| Karur Vysya Bank | 15 | 11 | 10 | 10 | |
| Lakshmi Vilas Bank | 13 | 12 | 11 | 8 | |
| South Indian Bank | 16 | 10 | 5 | 14 | |
| Yes Bank | 14 | 6 | 13 | 1 strongest |
- Note *50/200-dma golden crossover in progress
- Stocks trading above 200 day moving average
Shares are shown in blue colour - Stocks trading below but close to 200 day moving average
Shares are shown in orange colour - Stocks trading much below 200 day moving average
Shares are shown in red colour
Technical Trend of Nifty Private Bank stocks
24 February 2021
Nifty Private Bank index is trading above 50 day and 200 day moving average.
All 10 Nifty Private Bank Sector Index stocks are trading above 200 day moving average.
That means 100% of Private Bank Sector stocks are trading above 200-dma.
Most of the time Private Banks perform better than PSU Banks.
Buoyant economy will improve the fortunes of the banking sector.
Outperformers: IDFC First Bank, HDFC Bank, ICICI Bank, Axis Bank.
Underperformers: City Union Bank, RBL Bank, Bandhan Bank.
Related topics
Bank
Bank – NSE
PSU Bank – NSE
Public Sector Undertakings – Banking