Abhishekingx

44 WEEKS CONSOLIDATION BROKEN IN PNB

Long
NSE:PNB   PUNJAB NATL BANK
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.


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