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kacharts
May 22, 2017 12:30 PM

pnb - still more pain left(videocon impact) Short

PUNJAB NATL BANKNSE

Description

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
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