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CNXPSUBANK - August Second week view

NSE:CNXPSUBANK   Nifty PSU Bank Index
Last week view
On Weekly charts PSUBANK index is moving in this channel and has made a doji at upper resistance line.
This is also kind of pole & flag pattern, if breakout happens upside then we can see good momentum in PSU banks

Latest position

This weekly closing is above the channel but the candle is not very bullish.
Comment:
Dream run of PSU bank rally it was ...

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