aklohiya

Long pnb

Long
NSE:PNB   PUNJAB NATL BANK
Huge demand at the levels of 92.
Further recent correction after 105, is very slow in comparison to the rise to 105, indicating very less supply.
Stock very close the short term trend line , one can buy there and wait for targets to achieve.
Views invited.
Comment: Exited with loss at 88.5. Entry at 100.

Learning: wait for supply to completely exaust and demand to come in. No demand was shown at test of trend line, still trade was taken in haste.
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