Missed the PSU Bank Rally? #PSUBNKBEES Still Has 24% Upside!
CMP: 85.83
PSUBNKBEES has confirmed a classic Inverse Head & Shoulders breakout on the weekly chart, with two consecutive weekly closes above the neckline, a strong technical validation of the pattern.
🔹 Key Levels:
📌 Breakout Level: 84
🔽 Support Zone: 83.45 – 79.50
🔼 Overhead Resistance: 90.30
🎯 Pattern Target: 104 (~24% upside from breakout)
This ETF gives broad exposure to PSU banks, making it a lower-risk, sector-wide play for positional investors.
💡 If you are unsure which PSU Bank stock to choose, PSU Bank Bees offers a diversified, stress-free way to capture 20 -30% upside. Ride the trend, avoid the noise.
#ETF | #CNXPSUBANK | #PSUBanks | #InverseHeadAndShoulders | #ChartPatterns
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
PSUBNKBEES has confirmed a classic Inverse Head & Shoulders breakout on the weekly chart, with two consecutive weekly closes above the neckline, a strong technical validation of the pattern.
🔹 Key Levels:
📌 Breakout Level: 84
🔽 Support Zone: 83.45 – 79.50
🔼 Overhead Resistance: 90.30
🎯 Pattern Target: 104 (~24% upside from breakout)
This ETF gives broad exposure to PSU banks, making it a lower-risk, sector-wide play for positional investors.
💡 If you are unsure which PSU Bank stock to choose, PSU Bank Bees offers a diversified, stress-free way to capture 20 -30% upside. Ride the trend, avoid the noise.
#ETF | #CNXPSUBANK | #PSUBanks | #InverseHeadAndShoulders | #ChartPatterns
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
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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.
Related publications
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.