Bank Nifty Index Shares 1Oct19  Chart Strength 4Jun19  Chart Strength 17Aug18  Chart Strength 25May18  Chart Strength 29Mar16  Chart Strength 19Jan15 Chart Strength 
Axis Bank 4 1 strongest 2 6  6  6
Bank of Baroda 11 8 9 9  5  5
Bank of India       -  11 12
Canara Bank       -  12 10
Federal Bank 5 4 11 10  9  9
HDFC Bank 2 3 5 3  4  7
ICICI Bank 3 7 6 7  7  8
IDFC First Bank 7 9 10 12    
IndusInd Bank 10 10 3 2  2  2
Kotak Mahindra Bank 1 strongest 2 7 1 strongest  3  4
Punjab National Bank 12 11 12 11  10 11
RBL Bank 8 5 4 4    
State Bank of India 6 6 8 8  8 1 strongest
Yes Bank 9 12 1 strongest 5 1 strongest  3
Above 200-dma 25% 92% 67% 50% 25% 100%

Note
Bank Nifty Index stocks from private and public sectors that are given above.

  • Stocks trading above 200 day moving average  laughing
        Shares are shown in blue colour
  • Stocks trading below but close to 200 day moving average smile
        Shares are shown in orange colour
  • Stocks trading much below 200 day moving average frown
        Shares are shown in red colour

Technical Trend of Bank Nifty Index stocks 

Nifty Bank Sector Index is trading below 200 day moving average.
Out of 12 Bank stocks 3 are trading above 200-dma. 
That means 25% of Bank Sector stocks are trading above 200-dma.
Private Banks are performing better than PSU Banks.
Non-Performing Assets (NPA) in PSU Banks are well known.

Outperformers: Kotak Mahindra Bank, HDFC Bank, ICICI Bank.
Underperformers: Punjab National Bank, Bank of Baroda, IndusInd Bank.

Related topics
Bank
Private Bank NSE
PSU Bank – NSE
Public Sector Undertakings – Banking