kacharts

pnb - still more pain left(videocon impact)

Short
kacharts Updated   
NSE:PNB   PUNJAB NATL BANK
4
pnb after making bearish engulfing at top continue falling to 151 level near trendline , but it seems its not going to stop at this support.
(this time news is Pnb, icici and sbi has the highest exposure to videocon 43000 bad debt).
strategy
short pnb for 142 sl 154
Trade closed manually:
stock made low of 145

KA
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