PSU Bank Index

PSU Bank Index: Getting asked for an update on the index so here goes. a-b-c done on the way up another impulsive wave down started but we are at the end of the first small 5 wave decline in wave i. A minor bounce in wave ii up cannot be ruled out due to the ongoing results being announced across the PSU bank space this week. But the move lower in a larger 3rd wave decline should continue.