PSU Banks still a better bet
Nifty PSU Bank CMP -6598
Fibs- the Index took support at 61.8% fib retracement from a higher zone. This is an indication of bull trend being intact.
Trendline - it is also at its trendline support. which is +ve
RSI- the oscillator is above its bull zone and that is again a positive sign.
Conclusion - hence to me the PSU banking space is a better bet.
Fibs- the Index took support at 61.8% fib retracement from a higher zone. This is an indication of bull trend being intact.
Trendline - it is also at its trendline support. which is +ve
RSI- the oscillator is above its bull zone and that is again a positive sign.
Conclusion - hence to me the PSU banking space is a better bet.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.