CPSE - Public Sector Equity can outperform NIFTY 11%
CPSE is squeezing on the weekly. (See the RSI Squeeze)
Whichever the direction it takes, it can outperform NIFTY 10%
Likely upwards.
NIFTY PSE Daily.One sector which can outperform the market if it stays bullish is Nifty PSE definitely. Although, the public sector stocks have given good run up till now, but if market supports, this index can reach new ATH as its stocks are highly bullish even after negative trend for the past 8 trading sessions.
Book profits in PSEPSE index is near resistance.
Start booking profits
Wait for retracement to 5700 levels.
CNX PSE Wave 3 Seems overNSE:CNXPSE seems to have completed Wave 3.
Shall consolidate in wave 4 correction.
PSE stocks are overcrowded bus.
Time to offload late passengers.
CNXPSEI first mentioned about PSEINDEX coming out of multiyear consolidation and give a major breakout during one of the video which I posted in August 2022. Link is there in related idea section and listen from 12:30 mins.
The index is on the verge of multiyear breakout and possibility of giving a highes
NSE PSE Weekly TFNIFTY PSE at important junction.
AT 4327 it's 12 years' horizontal TL resistance and
at 4455 it's 5 years' horizontal TL resistance.
A close above 4456 will confirm Cup and Handle formation. If it closes and sustains above 4455 the the PSE sector will be in an unchartered territory.
Main hurdle
NIFTY PSE - CNXPSE : BASE SET FOR A CHOSEN BETCNXPSE or NIFTY PSE - Public Sector Enterprise
All of you might be noticing that loads of public sector entities are touching new 52 week highs and even new lifetime highs and commanding a strong uptrend.
Rightly so as the wait of around 16 years is worth a really SWEET FRUIT.
I was myself never a f
Public Sector index looking good to buy holding levels in fallinBuy index of cpse through ETF for 10-15% returns looks very strong on chart can reach to target of @4687
CNXPSEThe supply zone is 15 years old resistance zone. Everytime PSE index has come near this zone, it has almost went down to the lower green zone.
But from last 1 year it's consolidating near this zone and expecting that this supply zone can be taken out in another couple of months may be to make a new
NIFTY PSE All time level breackout 🤑🤑 12yearThe nifty pse index all time level breackout, last time the nifty pse index all time breackout in Jun 2003 the index move in more than 350%, this time the index all time level breackout in after 12 Year. We are bullish in the this index chart. my view the index move more than 400% in this time. Wha
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Displays a symbol's price movements over previous years to identify recurring trends.
