PSU BANK INDEX GAVE A SUCCESSFUL PULLBACK AFTER THE BREAKOUT
The highs made in Feb 2021 and Jun 2021 were broken. They formed a strong supply zone, which was broken and has been tested successfully with today's bounce.
Tomorrow being an expiry day, we couldn't see much action or may see consolidation but a rally could be expected in the second half-session tomorrow and may continue on Friday too.
We shall try to analyze some of the PSU bank stocks for breakouts.
Happy trading :)
This is just for educational purposes.
Tomorrow being an expiry day, we couldn't see much action or may see consolidation but a rally could be expected in the second half-session tomorrow and may continue on Friday too.
We shall try to analyze some of the PSU bank stocks for breakouts.
Happy trading :)
This is just for educational purposes.
