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vipulmehta817

NIFTYPSUBANK Exhibiting Inverted Head & Shoulders

Long
Nifty PSU Bank Index (NSE:CNXPSUBANK)  
vipulmehta817  
NSE:CNXPSUBANK   Nifty PSU Bank Index
Trend Analysis Chart Patterns invertedheadandshoulders Weekly Charts weeklymarketsanalysis weeklychart measuredmove niftypsubank niftypsubankindex
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trendanalysis chartpattern invertedheadandshoulders weekly weeklymarketsanalysis weeklychart measuredmove niftypsubank niftypsubankindex
NIFTYPSUBANK Index is exhibiting inverted Head and Shoulders pattern on the weekly chart, with the price just about touching the neckline of the pattern. A measured move target would mean price going toward old time support/resistance line of 4000 on the index. We are bullish on the Nifty PSU Bank index with the price target as mentioned.
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