#CNXPSUBANK | Breakout Alert – Inverse Head & Shoulders in Play!

CMP: 7,698

PSU BANK index has confirmed a classic Inverse Head & Shoulders breakout on the weekly chart, signaling a strong bullish reversal!

🔹 Neckline Breakout: Weekly close confirmed above 7,324
🔹 Overhead Resistance: 8,053
🔹 Support Zones:
  ▫️ 7,305 – 7,248
  ▫️ 7,163 – 7,025
🔹 Pattern Target: 9,000+ (1,740 pts move → +23% upside)
🔹 Invalidation Level: Below 6,730 WCB (Weekly Closing Basis)

✅ Pattern indicates a powerful trend shift — bulls are stepping up aggressively! A clean breakout, ride the trend higher.

#CNXPSUBANK | #TechnicalAnalysis | #InverseHeadAndShoulders | #ChartPatterns