ALL >> Investing---Finance >> View Article
Swingtraderindia - Nifty Psu Bank Index Analysis
Nifty PSU Bank Index has formed a bullish continuation pattern on weekly charts, with “Relative Strength Line” breaking out above the downward sloping trendline. Also, this index is trending above 50- and 200-DMA, with a “Golden Cross Over” on the daily chart, which in turn, indicates a bullish trend in this space.
Further analysis of sectoral components (stocks) indicates bullish trends. The stocks which have the highest weightage in this sectoral index, like SBIN, BANKBARODA, PNB, CANBK, and UNIONBANK, are showing a bullish trend, and we expect all these stocks to generate positive returns in the next few weeks and months.
Related Articles:
SwingTrader India Monthly Big Picture - May 6th 2021
Recent Key Highlights from RBI Governor’s Speech undefined
For more details Please visit:
SWINGTraderIndia - Nifty PSU Bank Index Analysis
Stock Market Research
https://marketsmithindia.com
Add Comment
Investing / Finance Articles
1. Personal Loan In Tirupur – Short & Long DescriptionsAuthor: Amit Sharma
2. Personal Loan In Vijayawada – Convenient Online Financing With Finnable
Author: Amit Sharma
3. Navigating Property Financing And Mortgage Loans In Hyderabad Easily
Author: anilsinhaanni
4. How Can A Ca Help Nris File Income Tax In India?
Author: Laxmikant
5. Personal Loan In Vijayawada – Quick & Easy Online Loan With Finnable
Author: Amit Sharma
6. Personal Loan In Thiruvananthapuram – Quick & Convenient Financial Support
Author: Amit Sharma
7. Flexible Personal Loan In Madurai For Salaried Individuals
Author: Amit Sharma
8. Personal Loan In Coimbatore For Easy Financial Support
Author: Amit Sharma
9. How To Secure A Bridging Loan With Low Interest Rates In The Uk
Author: Riley Allen
10. Natural Rubber Prices In 2026: Latest Trends And Market Outlook
Author: Grand View Signal
11. Securing Affordable Funds: Low Interest Personal Loans In Hyderabad
Author: anilsinhaanni
12. Sebi Registration For Authorised Persons: Process, Documents, And Requirements
Author: Priya Sawant
13. Property Investment Adviser Auckland For Smarter Wealth Building
Author: Right Choice Finance
14. How To Choose The Best Mutual Fund Investment Plan In India
Author: Amass Capital
15. Apply Online For Personal Loan In Karnataka
Author: Amit Sharma