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44 WEEKS CONSOLIDATION BROKEN IN PNB
PUNJAB NATIONAL BANK
Long
44 WEEKS CONSOLIDATION BROKEN IN PNB
By Abhishekingx
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Sep 8, 2022
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Sep 8, 2022
Why Bullish ?
Reasons :
1 . As Shown In The Link Shared - 44 Weeks Consolidation In A Certain Pattern Has Been Broken With Marubozu Candle.
2 . At The Same Time Rsi Pattern Has Also Been Broken - Giving Confirmation For The Strength Of This Trendy Marubozu Candle .
3 . Last But Not The Least - Stock Market And Global Market Sentiment Has Gone Bullish At The Same Time - Which Is Backing The Overall Story.
Exit Positions Have Been Marked But Most Probabily It Will Hit All Time High Atleast - After This Long Consolidation.
Kindly Comment If Anyone Found This Information Helpful Or Anyone Who Takes Position After Reading This Article.
Thankyou.
Beyond Technical Analysis
Chart Patterns
Trend Analysis
Abhishekingx
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