Buzzing sector
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The NIFTY CPSE sector has consistently outperformed the NIFTY50 in the NSE all sector index. The
presence of a series of bullish anchor columns indicates that the bullish momentum is expected
to continue. In a previous analysis, this sector was also covered, and the view proved to be
accurate. The current price pattern on the point and figure chart confirms the follow-through of
a bullish ABC pattern with a 100% pole. If this trend continues, we can anticipate further bullish
moves.
To help you identify potential investment opportunities within the NIFTY CPSE sector, we have
compiled a list of stocks from the P&F ultimate matrix that have demonstrated strong
outperformance. However, it is important to closely observe the price patterns of individual
stocks to determine the most favorable entry points for new investments.
