chinmaypatnaik

PNB: CALM BEFORE THE STORM ?

Long
NSE:PNB   PUNJAB NATL BANK
PNB has broken a trendline resistance with massive voulme. Buy at cmp , for 56+ levels.
Study trendline resistance breakout.

Comments

Fully Agree and taken position at 38 level
+1 Reply
how long will it take for 56 level ?
Reply
PNB going down bro, result not good may be that's why. PNB has a reputation of deceiving analysts. apana kara analysis bahut badhita matra ee stock ta tike gulia
Reply
Looks to 100₹ to me in ~6 months..👍
Reply
@nageshkaudgaonkar 6-12 months
Reply
The volume tick up is largely an earnings trade in my opinion...should drop after monday.... Look at Jun Open Interest at 45 and 50...
Reply
chinmaypatnaik umezbhatia
@umezbhatia, cool, just be a spectator and watch it go beyond 56 levels.
Reply
umezbhatia chinmaypatnaik
@chinmaypatnaik, no worries. If it rises i'll leave Call side and sell puts. Don't have the need to be right...as long as I make money..will follow the trend...
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter