psubankindex

VisibleBeer7 Updated 

Nifty PSU Bank Poised For 20-25-40% Rally From Current Price. Cmp 2823.25 Buy Sbi, Canbk, BOB, PNB

emraldconsul

Super run up last 4 months.... Approaching trend line on monthly charts... euphoria continues and amplifies if monthly trend line is breached on monthly closing basis than a supper rally on the cards... Any how 3735 is a big hurdle to cross.... Happy trading and like share and follow..

vipulmehta817 Pro

NSE's PSUBANK index (ticker: CNXPSUBANK) was trading in a long head and shoulders consolidation for two years from mid 2019 to mid 2021. The breakout from inverted H&S happened in Oct'21 after which the index began to consolidate in a bull flag type of formation till Aug'22. The index broke out from this consolidation in Aug, gave a retracement back to the...

08:07

StockEngineers_

Sector Analysis - PSU Bank, PSE, Media, Infra sector analysis for value buy.

themarketqueen

BOB Looks good for short term as well positional Keep on Radar PSU Banks Close Eye specially

akashbothra

Weekly NSE:CNXPSUBANK making higher highs and higher lows since May'20 and weekly RSI has established itself in a bullish range of 50-70. This sector may be in a turnaround mode. One should look at the stocks making new 52-week highs in this sector for investment. Their future looks bright to me. This is not an investment advice by the way, do your own research...

anuragtrivedi0302 Pro Updated 

PSU bank sector near to breakout. Good time to buy. After breaking out supply zone we can see a good upside price movement on PSU sector bank shares.

rahul93bhagat

It looks like pain Is not over for PSU banks, A very clear Bearish cypher near the trend line resistance, with small stoploss, one can look to short.

Shyamlal Pro+

BOB is looking strong and need weekly close above 109 for next entry Relative Strength is positive RSI is Bullish ( above 60)

Shyamlal Pro+

PSU Banks reversal from support Relative Strength is coming above 0 line and turning positive RSI above 55 will Bullish sign

mludhiyani2913 Pro

Bullish Patterns in the Chart. Formation of Cup & Handle, Flag Patterns. Growing RSI and Relative strenth compare to NIFTY.

Sanjan91

The highs made in Feb 2021 and Jun 2021 were broken. They formed a strong supply zone, which was broken and has been tested successfully with today's bounce. Tomorrow being an expiry day, we couldn't see much action or may see consolidation but a rally could be expected in the second half-session tomorrow and may continue on Friday too. We shall try to analyze...

Aditya_Mundada

PSU BANKS INDEX has given a breakout after 7 months. lets hope this one takes it to next levels. a few stocks i have already published on trading view you may check the same.

Omahto Pro

IDBI Coming out of range. IDBI Buy-Between 30-40 Sl-25 Target- 60 80 100

Nimble_Pesos

Strong set of numbers across last 3 Qtrs. super Bullish trend. once price moves upside it will keep completing multiple Cups.

The_RedTicker

I must admit, its been a while since I have stumbled upon a chart so simple yet so valuable. Simple falling channel , with one of the bottoming out patterns, (book-ish) Inverted Head & Shoulder . Volume Indicates, I am late to spot this...but not too late as the pattern is just on verge of completion. Should be a slightly MID-LONG term 'investment' kind of...

mahlaraj204

PSU-Bank Index shows an nice upward trend. Target of 50-70% can be achieved. Index recently trailing above its 200 SMA. More-over it also forming cup and handle formation. Area around 2654-2467 is acting as a strong supply zone.

CautiousChartist

The index is forming an Inverted Head and Shoulder Pattern. Just broke out of the Downward Channel resistance this week. In about 2-3 years the index should reach its target of 4340 but before that happens its intermediate targets will be met. Between 2660 and 3360 there could be some consolidation going forward. Immediate short term - MACD crossover should...