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.
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.