PSU Bank Index fresh breakout of all time high
TECHNICAL ANALYSIS
11/18/20251 min read
PSU Banks Index has given a brakeout of all time high and is currently bullish. This is the only sector currently in the market that moved around 10% after the breakout.
Price breaks above the previous high only when there is a high demand/strong buyer and it also implies that the stock is aiming for a new highs.