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Devansh_Singh
Aug 13, 2020 2:21 AM

PNB buy... Long

PUNJAB NATL BANKNSE

Description

Seems like Elliot Wave is forming.
One can start pyramiding from current levels, and buy aggressively when it breaks the swing high of 39/-
Keeping initial SL of 38.5/- & further start trailing it as the resistance becomes support.
Comments
shubhanshushukla
It will good if you can suggest any approximate timeframe,
Devansh_Singh
@shubhanshushukla, I'm expecting it to complete the full pattern within 1 year at-least because we are talking to achieve 70% upside from here. But at the end anything can happen in market.
akshu20791
So what levels we can expect?
Devansh_Singh
@akshu20791, upto 58 rupees.
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