Contrarian Trading in PSU Banks - Views on News from Equitymaster

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Contrarian Trading in PSU Banks podcast

Oct 7, 2020

In this video, Apurva shows how PSU banks are going a rough patch right now just like they did back in 2016.

He shows charts of PSU bank index along with 5 PSU bank stocks which are forming similar pattern they did in 2016.

These patterns enabled his subscribers to generate solid profits back in 2016. Watch this video to know how this pattern can help you generate profits now.

Apurva Sheth

Apurva Sheth (Research Analyst), Managing Editor, Fast Profit Report is our lead Chartist. And he is very passionate at that! A technical analyst with substantial experience, Apurva follows an integrated approach when it comes to his trading picks. He draws logic from different school of thoughts covering both classical and the contemporary techniques of technical analysis. He is a Chartered Market Technician (CMT) and a member of the Market Technician Association (USA). In the past, Apurva has helped banks, mutual funds, insurance companies and FII's among others make profits based on his recommendations. Apurva was also regular guest/contributor on Zee Business and The Economic Times. As part of the Daily Profit Hunter team, Apurva is focusing all his efforts on ensuring that you, his readers, regularly get access to actionable, and profitable, trading opinions. And he is doing this using his own proprietary process, which has been proven to work over the years.

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1 Responses to "Contrarian Trading in PSU Banks"

Krishna

Oct 17, 2020

THis could be mainly because of an extraordinary reason like Corona. There was also the Industy Common denominator.

How can this be a logic for a specific once in 4 year be the RIGHT Signal?

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