NIFTY PSU Bank

Updated
Nifty PSU Bank has crossed above 12 year strong
horizontal resistance line and given a strong weekly closing.
BOB,BOI,PNB,Union Bank of India , SBI and Canara Bank
all are doing good.
Above the blue trend line it may boom to new highs.
Note
511 points move so far.
Now the index is near the 2010 top
( the upper most horizontal green line ).
A caution is must now.
Note
It has broken 13 year long horizontal
resistance line today.
Note
Retested the break out.
Note
1400 Points move so far.
Chart PatternsTrend Analysis

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