Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups...
Nifty PSU Bank Poised For 20-25-40% Rally From Current Price. Cmp 2823.25 Buy Sbi, Canbk, BOB, PNB
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.
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...