GOLDEN RULES FOR TRADING

Bank Stocks Outlook for the week – 24 to 28.11.2014

Bank Stocks Outlook for the week – 24 to 28.11.2014

Bank stocks are expected to continue to rise next week. However, investors will be cautious
ahead of Reserve Bank of India's bi-monthly policy review on Dec 2.

The uptrend is expected to continue next week as sentiments are positive. But it won't be
advisable to build fresh long positions at this point as the November contract will expire next
week keeping the futures volatile.

Yesterday, the Bank Nifty breached the 18000-point mark for the first time and touched a lifetime
high of 18139.95 before settling at 18056.30.The combined impact of Kotak Mahindra
Bank's acquisition of ING Vysya, State Bank of India stock split, and regulatory permission for foreign institutional investors to invest in YES Bank lifted Bank Nifty yesterday.