NIFTY PSU-Bank Index Technical Analysis

Nifty PSU Bank IndexNSE

Description

⋅ Jun 6, 2021 11:24 AM

PSU-Bank Index shows an nice upward trend. Target of 50-70% can be achieved. Index recently trailing above its 200 SMA. More-over it also forming cup and handle formation. Area around 2654-2467 is acting as a strong supply zone.