Where we are with Banks ?!
Technical Aspects :
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. :)
This is not for trading, just an overall view...
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. :)
This is not for trading, just an overall view...
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