2ND BEST PERFORMER IN THE SL 20 - NDB BANK PASSED THE 12 MONTH HIGH HEADING TOWARDS FEBRUARY 2011 HIGHS

During the present up trend commencing from the 28th Nov'13, NDB bank is the 2nd best performer, with a return of 19% up to 10th Jan '14. Today it hit the new high of 185, surpassing the 12 month high of 182.50, which was the on the 10th May 2013.

As it broke out of this significant level, and if it closes above the 182.50 mark, today's closing  would become the major resistant  level to be broken, and head towards the Feb 2011 highs of 190 to 195. However the volume traded so far today is around 60,000, which is below Friday's level of 329,000. But it is about double the average daily volume of around 39,000, during the 30 days.