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
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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
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
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
NIFTYPSE INDEXNifty PSE index is on the verge of giving a good breakout
Daily / Weekly / Monthly RSI are favorable
If this breakout is successful, then it will be a breakout of 15 years
NIFTY PSE: 4403NIFTY PSE: 4403
As long as 3855/3590 holds support, we can see new towards 4800, 5000+.
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
Turn around in NIFTY PSE sectorTurn around in PSE sector? Typical long term Wyckoff consolidation in the sector and might overperform NIFTY 500 once it breaks 4680 - 4700. Interesting names in the sector are BEL and HAL.
Nifty PSE at Inflection Point!!!Nifty PSE Index is trading at inflection point and traning near upflag breakout zone.
Possibility of a Double top formation on NIFTY PSE INDEXNIFTY PSE Forming a double top pattern on daily timeframe.
My suggestion would be to short stocks that are looking bearish in this space.
Note: This is only for educational purpose and not a stock advice.
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