Charts of Few Banks

I have mentioned before, stocks which correct less during crash have more potential to rise afterwards.

I am going to discuss 4 bank stocks here and based on their price movement will pick the ones to buy. I have used a key technical parameter 200 day EMA. Most of the times stock show strong support at its 200 day EMA price
All images are from finance.yahoo.com
Bank Of Baroda


BOB is 20% below its peak, but still above 200 EMA.









Union Bank Of India

UBI is also 20% below its peak but above its 200 EMA.










Central Bank Of India


This stock has breached 200 EMA hence is weakest of all four.











Indian Bank

Indian Bank has seen least correction among all, hence is the strongest.
52 week high: 241
CMP: 220
Less than 10% correction.
Out of these 4 Indian Bank shows maximum potential.