Published on: April 25, 2024
Nifty PSU Banks bulls seize the opportunity in the market dip. Analysis of the chart shows that the index has surpassed the short-term 21DEMA Channel, indicating a potential upward trend.
Considering candlestick pattern. It appears to be forming a Rising-Three pattern, a bullish signal that could be confirmed once the index closes above the 7,210 mark.
Check out our detailed discussion on Nifty PSU Bank Index in the following video: https://www.youtube.com/watch?v=ETPXQkMsbgs
On the stocks side, we ran the “All Chart Matrix” on RZone; here is the list of the stocks based on the scoring:
*Stocklist as per closing of 24th April 2024
