Anmolshukla

PNB bullish above Rs. 45

Long
NSE:PNB   PUNJAB NATL BANK
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.
NSE:PNB
BSE:PNB
Comment: Target update

T1: Rs. 50 (For Safe Traders)
T2: Rs. 56
T3: Rs. 63.5++
Comment: CMP@44
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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