In this Nifty correction,PSU BANKS has break breaking its LOVVs(LOWS). This week most of them broke their 52 week low and Many of them are close to their LIFETIME LOWS. Not saying that they are gonan hit their lows, just an birds eye view of whats going on in their lives Here are 9 of them Sharing the same LOW-STORY
UNION BANK OF INDIA--> This week it broke its 10 year low. now heading towards the lifetime low.
ANDHRA BANK--> This week it broke its 2 year low. Now heading towards the lifetime low
CANARA BANK--> This week it broke its 52 week low. Now heading towards 2 year low-Which is close to its lifetime low
BANK OF INDIA --> This week it broke its 52W low last week. Now its heading towards the Lifetime Low,
ORIENTAL BANK OF COMMERCE --> Two years ago it made its Lifetime low, now heading back towards it, after breaking its 52 week low couple of weeks ago.
SYNDICATE BANK--> This week it broke its 2 year low. Heading towards 9 year lows, whichi is close to its life time low.
Allahbad Bank --> Its right on the Two year low. Heading towards lifetime low thats not too far.
PUNJAB NATIONAL BANK--> Broke its one year low. Heading twowards 2 year low, which is very close to its Lifetime low
BANK OF BARODA,---> Sitting on the edge of the lifetime-trendline, CLosest low is a Two year low.
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