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VijayBabuA

PSU Index H&S Brekout

Long
Nifty PSU Bank Index (NSE:CNXPSUBANK)  
VijayBabuA Updated   
NSE:CNXPSUBANK   Nifty PSU Bank Index
Trend Analysis Chart Patterns cupandhandlepattern
3
0
trendanalysis chartpattern cupandhandlepattern
it has given inverted H&S breakout on weekly chart.
all set for 60% upside based on H&S breakout.
near hurdle can be seen at 2900 levels.
if index has upside potential of 60%. underlying stocks can give multibagger returns.
Comment:
considering all index weightage stocks going up. all of them are showing signs of at least 100% returns.

SBIN - 30% - 480/- upside
Bank of Baroda - 17% - 272/- upside
Canara Bank - 13% - 208/- upside.
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