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ssshaktawat

NIFTY PSU Bank

Long
Nifty PSU Bank Index (NSE:CNXPSUBANK)  
ssshaktawat Updated   
NSE:CNXPSUBANK   Nifty PSU Bank Index
Trend Analysis Chart Patterns
9
0
trendanalysis chartpattern
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.
Comment:
511 points move so far.
Now the index is near the 2010 top
( the upper most horizontal green line ).
A caution is must now.
Comment:
It has broken 13 year long horizontal
resistance line today.
Comment:
Retested the break out.
Comment:
1400 Points move so far.
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