PNB about to Channel Breakout @53.90 Long

PUNJAB NATL BANKNSE

Description

⋅ Jul 3, 2023 10:18 AM

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

⋅ Jul 10, 2023 7:13 AM

Target HIT @62.00
You can book profit manually.