With the markets being at an ATH and no real value visible in more PVT companies nor commodity companies..is it FINALLY the time of the PSU's. From PSU banks like SBI & Canara Bank in the banking sector to ONGC, BPCL and GAIL in the Oil an Gas space to Concor (Idea shared last week) and Coal India. NALCO in the metal space is close to a 10 year breakout too. (Idea shared)
These spaces have HUGE value and could our markets now be ready to unlock value in these companies. Some of these mentioned stocks are showing tremendous strength and the index too is now on the verge of breaking out for PSE's..
Watch many of these companies closely over the next fortnight..there could be some huge opportunity. The PSE index looks primed to make a 3 year breakout.
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