GOLDEN RULES FOR TRADING

Bank Stocks Outlook for the week – 08 to 12.09.2014

Bank Stocks Outlook for the week – 08 to 12.09.2014

Bank stocks are expected to trade with a positive bias tracking the broad market next
week, and any fall on profit booking will be offset by demand at dips.

There are no major macro-economic data releases lined up during the week to give
direction to banking stocks. The August Consumer Price Index-based inflation numbers
will be released only after market hours on Sep 12.

Bank Nifty had touched a lifetime high of 16208.55 on Wednesday, when the Nifty
breached the crucial 8000-point mark. Bank Nifty ended 0.32% below Thursday's close,
but rose about 1.54% during the week. Traders will be looking at buying Bank Nifty at dips through next week.