CNXPSUBANK

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As previously shared my bullish view on PSUBanks in August last year, they did a dream rally from there on and now after a correction from hitting the supply zones they are back in good demand zone.

The index is currently making falling wedge on weekly tf, with a large picture showing a cup & handle where handle is potentially the falling wedge formation, Also a good weekly bullish engulfing candle on previous resistance, which has now turned into a good support.

So, PSUBanks ETF along with some good PSU Bank stocks may be interesting to watch out in coming weeks
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PSU Index in firing mode :)
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Now PSU bank index is talk of the town :)
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High probability of breaking out from 444 weeks of consolidation スナップショット
CNXPSUBANKTechnical IndicatorsTrend Analysis

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