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akashbothra
Feb 7, 2022 10:42 AM

PSU banks on a recovery path? Long

Nifty PSU Bank IndexNSE

Description

Weekly NSE:CNXPSUBANK making higher highs and higher lows since May'20 and weekly RSI has established itself in a bullish range of 50-70. This sector may be in a turnaround mode. One should look at the stocks making new 52-week highs in this sector for investment. Their future looks bright to me. This is not an investment advice by the way, do your own research before investing.
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