BANKINDIA

good to invest for long term in sip mode

CMP: around ₹146 as of 26 Aug 2026. The stock is still about 18% below its 52-week high of ₹178.36, while it is roughly 33% above its 52-week low of ₹109.85. 📊 Technical View Immediate support: ₹143–144 Major support: ₹138–140 Immediate resistance: ₹148–150 Next resistance: ₹155–158 Major resistance: ₹165–168 52-week high: ₹178.36 Setup: ₹143–144 is an important zone. If the stock sustains above ₹150, momentum can improve toward ₹155–158 and subsequently ₹165+. On the other hand, a decisive break below ₹143 can bring ₹138–140 into focus. 📈 Fundamental Trigger Bank of India entered FY27 with strong business growth. Q1 FY27 provisional data showed global advances up 18.64% YoY and global deposits up 14.92%, while domestic advances grew 19.12%. The bank's Q1 FY27 analysis also highlighted improvement in asset quality and strong profitability, while CASA and NIM remain key areas to monitor. Interestingly, today's broader market environment is also supportive for PSU banks: Reuters reported state-owned banks gaining around 1.5% on Aug 26, helped by improved sentiment and expectations around PSU-bank profitability