PUNJAB NATIONAL BANKShort
PNB: INSTITUTIONAL ANALYSIS
1. the market is bearish now because:
a) the market had made a choch
b) the market has made a further bos with fair value gap indicating the presence of smart money : banks, institutions
2. So it is always advisable to follow the current trend, so aim for a bearish entry, (futures)
3. the market has been making a pullback now
4. take an entry only after there is choch in the 1 hour time frame
5. if it breaks above ob with fvg then we can say that the trend has become uptend but until then continue with a bearish view
Knowledge is Wealth !
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a) the market had made a choch
b) the market has made a further bos with fair value gap indicating the presence of smart money : banks, institutions
2. So it is always advisable to follow the current trend, so aim for a bearish entry, (futures)
3. the market has been making a pullback now
4. take an entry only after there is choch in the 1 hour time frame
5. if it breaks above ob with fvg then we can say that the trend has become uptend but until then continue with a bearish view
Knowledge is Wealth !
And We are Here to Provide You with Knowledge !
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