Break Out Trade in Punjab National Bank
Updated
Date: 2-Feb-2022
Rating: Buy
LTP: Rs. 42.80
Target: Rs. 48-->60
SL: Follow the trailing SL indicated by the moving averages on closing price basis.
PNB has created a break out from the current secondary trend with very high volume . EMA, MACD and RSI are giving bullish signals.
Disclaimer: Investing in stock market is risky. One should do a self analysis and validation before investing in stock market.
Rating: Buy
LTP: Rs. 42.80
Target: Rs. 48-->60
SL: Follow the trailing SL indicated by the moving averages on closing price basis.
PNB has created a break out from the current secondary trend with very high volume . EMA, MACD and RSI are giving bullish signals.Disclaimer: Investing in stock market is risky. One should do a self analysis and validation before investing in stock market.
Note
Buy if closes at or above 43. 42.85 seems to be long term resistance.
Disclaimer
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