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VijayBabuA
Oct 17, 2021 6:05 PM

PSU Index H&S Brekout Long

Nifty PSU Bank IndexNSE

Description

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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