• Trading Account
  • Downloads
  • Nifty Options OI
    • Nifty Max Pain Chart
    • Nifty Option Change in OI Chart
    • Nifty Put Call Ratio
    • Nifty Option Total Change in OI
    • Nifty Trend Finder
  • BankNifty Option OI
  • About Us
  • Learn Technical Analysis
    • Advance Option Trading Course

OurNifty.com

A Indian Stock Market Blog

  • Forex
  • Gold
  • Intraday Stocks
  • Midcap Stocks
  • Multibagger
  • Nifty
  • Nifty Option
  • NSE
  • Amibroker

Bank Nifty and Banking sector outlook for short term

By Bhaveek Patel 1 Comment

Bank nifty and Nifty futures has been trading higher for almost 1.5 years. This all started back in the month of September 2013 when Shri Narendra Modi was declared as PM candidate of BJP. After registering a massive win by BJP in general election we saw lots of bulls joining the stocks and moving it northward. We are expecting this uptrend to continue until the government is pushing in the reforms.

Today, my analysis is on banking sector outlook which was the best outperformer in this bull run. Watch below video for bank nifty and banking sector analysis.

Advise for Investor:

We are expecting this up move to continue in banking stocks, especially in State bank of India, Yes Bank, and Axis-bank. We are extremely bullish on SBIN, every decline should be taken as a buying opportunity. Keep building long positions for now. If you are an investor then keep buying in small quantities (about 2% of your total allocation). This will help you to keep your risk as low as possible. Also allowing you to benefit from the current uptrend as per our banking sector outlook.

 

Advise for Traders:

Traders who are looking for short-term gains must avoid any trading positions overnight (carry forward for next day). As for the next few trading sessions volatility is likely to be very high. We have a budget session on Saturday 28, February 2015, this will be a very important event. Many traders will be watching it therefore positional trading is not advisable.

Do you want to learn options trading strategies? Join our options trading course now. Call us at +91-9970777789.

Article updated on 18 Aug 2018.

Share
Tweet
Pin
2 Shares

You Should Read This:

  1. Axis Bank Stock Trading for Near term, Banking Sector To Under Perform Nifty Futures Axis Bank is one of the leading private sector bank in India its strong customer base and wide network of its branches covers all the major cities of India. We see this strong growth story...
  2. Private Sector Banking Stocks Looks Attractive: ICICI Bank may Outperform State Bank of India ICICI Bank Ltd is India’s largest private sector bank, operating a huge networks of its branches and ATMs across the country and abroad. Looking at the daily stock chart, we see price action is suggesting...
  3. Indian Banking Stocks Have Strong Fundamentals: Kotak Bank Can be Strong Stock for Short Term Kotak Mahindra Bank is a private sector company that was listed on NSE on 20 December 1995, the stock price as on 1999 was about Re.1 per share and as the bull run began it...
  4. Bank Nifty Future Trading Strategy in Downtrend, Which Banking Stocks to Track Bank nifty future is also another index future traded with huge liquidity on NSE, on daily charts we see bank nifty is in downtrend, hence trading in the direction of daily trend we will look...
  5. Steel Sector Outlook: Sail may Outperform in Short Term, We Advice Short Sell Sail Today Target 100 Steel Authority of India Ltd. is one of the largest steel producers in India. The company is in the iron and steel production business. SAIL was listed on NSE on 6 July in the year...

Category: Technical Analysis Tags: Banking Sector/ Banking Stocks/ SBIN/ State Bank of India

About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

Comments

  1. MAHESHKUMAR KUDRE says

    Good Knowledge Sir

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post: How to Choose the Right Trading Center Online
Next Post: Stocks for Intraday trading: HDIL, DLF, LUPIN, JSWENERGY

Advance Options Trading Course

options trading course

Lowest Brokerage Trading A/c

Lowest brokerage trading account opening in India

Learn Technical Analysis

technical analysis course

Recent Articles

  • ASX Penny Stocks List for 2025
  • 7 Ways to Boost Your Revenue
  • NYSE Penny Stocks List for 2025
  • Short On Cash? Here’s How You Can Manage Your Priority Spends
  • FREE Webinar on Option Chain Analysis
  • LSE Penny stocks list for trading in 2025 Should you buy?
  • BSE Penny Stocks List 2025

Popular Categories

Amibroker Finance Forex Gold Intraday Stocks IPO Midcap Stocks Multibagger NEWS Nifty Nifty Option NSE Results Short Term Stocks Technical Analysis

About Us | Contact Us | Privacy Policy | Disclaimer


Copyright © 2009 - 2025 OurNifty.com Trading ideas published here cannot be reproduced without permission from the author.
OurNifty is Powered by Wordpress and hosted on Digital Ocean