PSU BANK INDEX - LONG

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PSU BANK INDEX - LONGNifty PSU Bank IndexNSE:CNXPSUBANKThe-Breakout-TraderI had taken DSP PSU BANK BEES and exited after the target was closed. However, that view was based on the DSP ETF only. When I looked at the long term chart of PSU Bank Index.. it is clear that the high of 2010 was attempted in 2023 and gave breakout. Then there was a retest in about 2.5 years.. and now the price is going back up. So This will be a 3 X candidate from the 5400 level which was the breakout price. Currently at 9800. Safe target is 2x so 10800 which is still about 10% more from this level. And if you want to hold for more, the target will be 16000+ I will be tracking only.