ICICI Bank, SBI, BoB: Seven bank stocks cross 200-DMA, may surge 15%

Bank of Baroda, Canara Bank, and State Bank of India may see even better returns as they have also broken out of "Double Bottom" pattern

Shares of PSU Banks were outperforming the benchmark indices for a second straight day on Tuesday. The Nifty PSU Bank index was up 0.3 per cent at 12:05 PM, as against a 0.6 per cent dip in the frontline Nifty50 index. Among individual shares, Indian Bank, Bank of Maharashtra, Canara Bank, and UCO Bank were ruling up to 4 per cent higher. 

Of late, major bank stocks -- such as ICICI Bank, City Union Bank, Federal Bank, State Bank of India, Bank of Baroda, Canara Bank and Indian Bank -- have started giving bullish signals as they conquer 200-DMA (200-daily moving