CNXPSUBANK retracing towards the upside and can give possible short entries in its peers. Stay Sharp!!
The chart of the nifty psu bank & bank nifty this is show at this time nifty psu bank give more strength than bank nifty,
At the time rarely see when goverment bank company lead the bank nifty
PSUBANK index brokeout PSUBanks seems good for long in short term. Like PNB, SBIN, BANKBARODA.
NSE:PNB Aim for 6-8%. It can be easily achievable in 1-3 days. My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2. The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities. It is an...
Elliott wave impulse 5 Correction wave c Sell 2519.90 below Sl 2850 Target 2344.75,2086.80
1. Trading in the channel , will bound to go near the channel , 200 points down , will drag the bank nifty below levels in coming week 2. similar analaysis done for private bank , both the sectoral banks are short term bearish , will drag banknifty at lower levels 3. Since Private bank is at 200 EMA support will bounce and take banknifty up 500 points , in...
PSU Bank Index took perfect support at Monthly CPR levels. SBI, JK Bank and Bank of Baroda look good for taking a swing trade.
Consolidation similar to the earlier one , a breakout would lead to substantial runup. Earnings season should be good for PSU banks. For education purpose only
Weekly BO DONE. Awaiting monthly. IN sbort span...........PSU BANK may get 50-60% appreciation. CANARA BANK seems to lead from the front.
psu bank has given major breakout above 2669 can invest though by buying psubank bees buy till 2181 target are 3447 : 4247 sl 1889 time frame : i am expecting 6 months its also good for long term sip as major psu like canra bank sbi bank has given breakout and this index is made up of psu...
PSU BANK Symmetrical triangle breakout and retest huge upside targets 1-2580 2-2658 3-4400 4-God knows
Making head and shoulder pattern ,minor hurdle around this lvl , top pik BOB,PNB , IDBI BANK
Nifty psu index is looking good. Buy BOB, SBI & PNB
PSU bank index looking good for breakout. Take your positions accordingly. PSU bank leader SBIN can rock in coming days
PSU Banks made a big comeback in late 2020. Now, they're at a key level relative to the private banks. Very interesting times ahead.
they are at 4 month support level this is surely a accumulation phase every psu banks come in this sector
forming a cup and handle pattern . tomm sbi coming with result so much depends on it , if result are good then most of stocks going to blast .