dravya
Long

View on PNB

NSE:PNB   PUNJAB NATL BANK
138 views
7
138 3
These are my probable setups for different kind of traders.

Aggresive buy is for those who believe banknifty             will be strong and would like to increase their RiskReward.

Defensive buy is only buying on breakout of the line.

Value buy is improbable but if the stock doesn't sustain up , and falls, then when it reaches the trendline , it'll be a good opportunity.
Comment: 5 Rs up from buying at 150.
Trade closed: target reached: Positional PNB also target reached.
159.9 high today. Crossed the line.

Partial position can be kept for above 160 with TSl.
Comment: High of 162.3 .

Hard target of 160 also achieved .

Chart closed.
Congrats,
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As usual your trade setup is crystal clear. I appreciate your style,
Thank You.
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dravya AMBRISH
@AMBRISH, and it went well . you're welcome :)
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