The Nifty Private Bank chart shows a bullish Cup and Handle breakout — signaling upside in top private banks like HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and IndusInd Bank. These stocks are likely to lead the rally.
Cup: Rounded bottom formed over weeks/months, showing accumulation.
Handle: Shallow pullback or sideways drift, indicating consolidation before breakout.
Breakout: Above resistance with volume, projecting a 10.31% upside from the breakout level.
This setup is a strong bullish continuation signal, especially when backed by sector-wide momentum.
Top Nifty Private Bank Stocks to Watch
These are the official constituents of the Nifty
HDFC Bank & ICICI Bank: Largecap leaders with strong Q2 earnings and institutional flows.
Axis Bank & Kotak Bank: Showing breakout setups and improving loan growth.
IndusInd & IDFC First: Mid-tier banks with rising ROE and margin expansion.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute investment advice. Market conditions can change rapidly, and chart patterns do not guarantee future performance. Please consult your financial advisor before making any investment decisions.
Cup: Rounded bottom formed over weeks/months, showing accumulation.
Handle: Shallow pullback or sideways drift, indicating consolidation before breakout.
Breakout: Above resistance with volume, projecting a 10.31% upside from the breakout level.
This setup is a strong bullish continuation signal, especially when backed by sector-wide momentum.
Top Nifty Private Bank Stocks to Watch
These are the official constituents of the Nifty
HDFC Bank & ICICI Bank: Largecap leaders with strong Q2 earnings and institutional flows.
Axis Bank & Kotak Bank: Showing breakout setups and improving loan growth.
IndusInd & IDFC First: Mid-tier banks with rising ROE and margin expansion.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute investment advice. Market conditions can change rapidly, and chart patterns do not guarantee future performance. Please consult your financial advisor before making any investment decisions.
Sucrit.D.Patil
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Sucrit.D.Patil
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.