PSU Bank Index: Weekly Chart

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#Psu Bank Index : Weekly Chart

The PSU Bank Index is verge of giving a breakout from Cup and handle pattern and ready to break 2700 in coming days. The first target is coming around 3400-3500 levels where we can book 40% and the rest we can book 40% at 4000 levels.

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The final target of this pattern is coming around 4300-4350 levels, which is also the depth of the cup.

Time duration: 1 year

Refer above chart for more details and clear explanation.

PSUBanks #Nifty #nifty50 #BANKNIFTYFUTURE #Bankniftyfut #SBIN #pnb #bankbaroda

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