krunal_shah

PSU banks making Cup and Handle, Inverse Head & Shoulders

Long
NSE:CNXPSUBANK   Nifty PSU Bank Index
Nifty PSU banks right now at a Very good support level. There are 3-4 different analysis in the same chart.
The first entry could be at CMP itself as it is at a good support level.
The second would be when it breaks the long trendline shown that is respected for 2-3 Years.
The third would be when it Breaks out the Cup and handle pattern trendline.
The fourth would be when it Completes the Shoulder and breaks out the neckline. CNXPSUBANK
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