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sandipdutta1983

PNB about to Channel Breakout @53.90

Long
PUNJAB NATL BANK (NSE:PNB)  
sandipdutta1983 Updated   
NSE:PNB   PUNJAB NATL BANK
Volume Moving Averages Trend Analysis trndanalysis pnbanalysis pnb breakout breakoutsignal channelbreakoutstrategy
20
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volumestudies movingaverage trendanalysis trndanalysis pnbanalysis pnb breakout breakoutsignal channelbreakoutstrategy
PNB is about to Channel Breakout above @53.90 after a long period (Six Months)

Breakout Level: 53.90
Target Price: 62.00
Stoploss Price: 49.00

Key Factor:
PNB traded above EMA 200 (47.92)
About to break strong resistance level @53.50
If PNB close above @53.90 its should be Bullish run till @62.00
PNB negative run possible if it breaks downside channel approx. @51.00

Trade closed: target reached:
Target HIT @62.00
You can book profit manually.
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