Rohit Srivastava sees a good near-term trading opportunity in the PSU Bank Index. Following a sharp fall, he anticipates a technical retracement, with the index potentially moving back to the 8,000-8,500 range. He notes that while this is a promising short-term opportunity, its evolution into a sustained trend will require further assessment.

Rohit Srivastava’s track record: 16 graded calls · 95% CI 39–82%

PSU Bank IndexBullishCalled 01 Apr 2026Graded 19 Jul 2026
Verdict:HIT

PSU Bank Index rose from ₹100.82 to ₹106.95 (+6.08% in 21d), aligning with the bullish call for a technical retracement.

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