krunal_shah

PSU banks making Cup and Handle, Inverse Head & Shoulders

Long
NSE:CNXPSUBANK   Nifty PSU Bank Index
Nifty PSU banks right now at a Very good support level. There are 3-4 different analysis in the same chart.
The first entry could be at CMP itself as it is at a good support level.
The second would be when it breaks the long trendline shown that is respected for 2-3 Years.
The third would be when it Breaks out the Cup and handle pattern trendline.
The fourth would be when it Completes the Shoulder and breaks out the neckline. CNXPSUBANK
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.