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akashbothra

PSU banks on a recovery path?

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Nifty PSU Bank Index (NSE:CNXPSUBANK)  
akashbothra  
NSE:CNXPSUBANK   Nifty PSU Bank Index
Trend Analysis psubanks psubankindex highertophigherbottom turnaroundsector
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trendanalysis psubanks psubankindex highertophigherbottom turnaroundsector
Weekly CNXPSUBANK making higher highs and higher lows since May'20 and weekly RSI has established itself in a bullish range of 50-70. This sector may be in a turnaround mode. One should look at the stocks making new 52-week highs in this sector for investment. Their future looks bright to me. This is not an investment advice by the way, do your own research before investing.
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