Banks look oversold. Most of the banks test 200 DMA.
PNB has support at 113-114
SBI has support at 242-244
BOB has support at 135-140
ICICI Bank has support at 245-248
Federal Bank looks oversold at 62.
Long term investors can accumulate few shares of above mentioned stocks and also add some shares of Indusind bank.
I am Admin, Gale.in. I am into investing and trading for last 7 years. I love sharing my knowledge and to educate people. I write articles regarding stock market to enlighten people about stock market and also share stock ideas at Gale.in to ensure retail investors of decent profits. You can contact me at email@example.com for stock queries. Have a wonderful time at Gale.in.