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Anmolshukla

PNB bullish above Rs. 45

Long
PUNJAB NATL BANK (NSE:PNB)  
Anmolshukla Updated   
NSE:PNB   PUNJAB NATL BANK
Trend Analysis Chart Patterns Fundamental Analysis punjabnationalbank pnb invertedheadandshoulders Ascending Triangle Bullish Patterns bullishtriangle longsetup positionalcall
3
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trendanalysis chartpattern fundamental punjabnationalbank pnb invertedheadandshoulders ascendingtriangle bullish bullishtriangle longsetup positionalcall
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.
PNB
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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