ilmscore | Prediction Details
"if this is such a long consolidation then easily 1X from here from the breakout is a bare minimum and many of times 2x of this is also possible again I'm talking about this from an index level perspective even if I'm talking about 1X this is this is it this is almost 6,400 currently the index is at around 5,000 So 20% ideally and if this is you might be like really 2x if it's a long consolidation 2x okay I think I've talked about this stock for quite some time but this is also a stock from the public sector undertaking space I mean this is crazy right same same pattern see from 201910 same consolidation and from here if I were to count see now this is from the lower most point till this point this is 50 50 you know uh points up move from here and if I were to calculate from here 50 points up move 50 is done I can't even go beyond that it's almost 200 plus it's almost 200 plus so 4X from here even if I talk about PFC Power Finance Corporation same pattern exactly same pattern long consolidation and breakout even if I were to see here from the consolidation lower part to the upper part this is around 54 points again and if I were to just check from here 54 points to CH though this is again 190 so this is again 4X from here if I'm talking about Nifty PSU Banks going back to uh this one that we were discussing index level that we were discussing 1X is still around 6,500 and 2x is around 9,200 we are not even talking about 4X and whatnot okay"
By CA Rachana Phadke Ranade | November 12, 2023 | Pending
From video
Can this theme be the next multibagger? | Mahurat Trading | Samvat 2080 | CA Rachana Ranade 00:12:53 - 00:14:37
Interpreted Prediction
Following a long consolidation, a 1x to 2x move from the breakout level is a minimum expectation for the Nifty PSU Bank index, with potential for 4x moves seen in individual stocks like PFC. The index target is projected to be around 6,500 for 1x and 9,200 for 2x.

Prediction Details

Topic
Nifty PSU Bank Index

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