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DSKF16
Jun 21, 2017 7:48 PM

PNB in Reversal Mood, Bullish GARTLEY in Hourly Chart. Long

PUNJAB NATL BANKNSE

Description

PNB in Reversal Mood.
Bullish GARTLEY Pattern formed in Hourly Chart.

For Intraday & Short Term Levels=>
Intraday RES.: @ 148.3, @ 149.9-151 (HZ), @ 153.7, ST Res: @ 155.4, @ 157.8, @ 163+
Intraday SUP.: @ 145, @ 144.3 - 143.7(BZ, Best BUY Zone), @142.3, ST Sup: @ 141.6, @ 139.
ST Weak Below @ 137 (By Closing).

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Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
Comments
InsiderB
may be a double bottom n up ? lets wait n watch , all the best :)
DSKF16
@InsiderB, Thanks for comment & also agreed. In Daily Chart Possibility of Pattern "W" in near term.Though today Close nominal -VE but Volume much LOW. 0.4X of Avg. Volume & also same Compare to Previous day. For Perfect "Bullish Gartley" point "D" should be @ 145.03, but here it was @ 143.5. So @ 145 looks Strong.Considering that @ 145 - @ 144.2 crucial "mentioned in the chart as Yellow highlighted Circle".
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