PUNJAB NATIONAL BANK

Long

PNB bullish above Rs. 45

Updated

Wait for activation i.e.
Daily candle closing above Rs. 45. (Low risk traders)
High risk traders can enter at CMP too.
Inverted head and shoulders also spotted, strong bullish signal.
Company expected to give a strong quarter as well.
Keep in watchlist.

Note

Target update

T1: Rs. 50 (For Safe Traders)
T2: Rs. 56
T3: Rs. 63.5++

Note

CMP44
Trade might activate today or fall back to trendline for support.
Keep on watchlist.

Order cancelled

Entry not achieved, support trendline broken.

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