PSU Bank Index -- Will it complete the flag pattern and Double ?
CNX Bank Index is creating a flag and its at the bottom on the flag pattern, with RSI at 36. It also shows hidden bullish divergence on the daily chart!!
6670 is the base of the flag and it can achieve 11500-12300 levels once it 7600 levels.
Its a 2 years positional trade.
6670 is the base of the flag and it can achieve 11500-12300 levels once it 7600 levels.
Its a 2 years positional trade.
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.