NEWSLETTER
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There is a nice squeeze set up on Punjab National Bank. The bandwidth is at a 6 month low at .07. Watchout for an explosive upward move in this stock.
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Here is the weekly chart of the Bank Nifty Futures Index.
Here's the week on week sectoral performance. Metals at +7.7% and Banks at +6.8% are to leaders followed by the Oil & Gas sector at +4.6%
Above and below are the weekly charts for BSE Bankex and BSE Metals indices. Both these are showing breakouts to higher levels.
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There is a nice squeeze set up on Punjab National Bank. The bandwidth is at a 6 month low at .07. Watchout for an explosive upward move in this stock.
Here is the weekly chart of the Bank Nifty Futures Index.
Above and below are the weekly charts for BSE Bankex and BSE Metals indices. Both these are showing breakouts to higher levels.
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