PSU Banks in focus: BoB, UBI among 5 stocks trading at key support levels

Quick Summary:

Shares of Bank of Baroda, Union Bank of India can Indian Bank can potentially rally up to 15% if these support levels are held; check key support and resistance levels for the 5 PSU bank stocks here.

At present BoB stock is seen seeking support around the lower-end of the Bollinger Bands at Rs 238.

The Bank of Baroda stock has been trading below its short-term (20-day) Daily Moving Average (DMA) for the last two months.

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Category: BusinessFinance

Markets: India

Topics: Trading strategies Indian bank Punjab national bank Union bank of india stock analysis Psu bank stocks Bank of india outlook Pnb Bank of baroda stock chart

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Published On: 2024-08-08 @ 11:59:51 (8 hours ago)

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Language: English

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