PSU Bank Index*PSU Bank Index:**
Big Fireworks coming!!!
Study & Pick your Pick!!!
*_Happy Investing_*🤓
Nifty PSU Bank Rally - Real or Trap ???Since US Federal Reserve cut 50 bps points on their interest rates last week - there is so much Hungama on the Media Channels about an impending BLAST on the Nifty PSU Banking Sector
Everyday there is news that the Sector would Rally and as "Anticipated" by so many the PSU Bank index Blasted 3% yes
PSU Banks Can take off from here. Signs looking ominous. Trend line has given support to PSU bank index. Father line has given support to PSU bank index. If mother line gives support later this week. They can have a huge upside in the range of 10 to 40% depending on individual banks and their fundamentals.Things are looking ominous. Mother Line Breakout (
PSU bank sector toped?PSU bank index showing end of uptrend as of now.
It has broke 200 day MA.
Need to wait and see, will it bounce back from here or starts down trend (Stage 4)
Keep in radar PSU banksPSU bank index is at good support levels, positions can be made in stocks with strict SL
Public Sector (PSU) Banks at SupportAfter a stellar half decade post Covid, the shares of Public Banks have shown signs of exhaustion.
But, the underlying companies are in good financial shape and posting record top and bottom lines.
I still believe there is a lot of steam left in the like of Canara, BoB and SBI.
I can see these stock
A Simple analysis on NIFTY PSUBANK IndexA very simple Demand Supply analysis with the help of RSI + EMA'S.
Study of PSU Bank Index/actions that can be taken by an investorFor last few weeks we have been looking at indices. By the study of a particular index we then try to determine about investing in components of that index or the stocks that from that particular index. In the series we will today have a look at PSU Bank Index.
PSU Banks and the index of PSU bank
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Displays a symbol's price movements over previous years to identify recurring trends.
