pratik2358
Short

analysis of "PUNJAB NATIONAL BANK" { mid term}

NSE:PNB   PUNJAB NATL BANK
#valentines day
I find the stock bearish keeping mid and short term perspective
and have checked the upside levels for the stock ...which will now a big hurdle in its journey upwards !!!!!!!
Trade active: wellllllllllllllllll toldl u this yesterday !!!!!!!!!!!
Comment: will like to wait at 120 for buy
Trade active: probably IT WILL GIVE A SHARP BOUNCE BACK ON MONDAY !!!!!!!!!!! ...trapppp
Comment: intraday good chances of gaining via buy side!!!!!!
Comment: after 120 a bounce on card ...only to fall further
Trade closed: target reached: stop shorting ...good chance a good bounce of even 10 % or so!
Trade active: stop loss 92 target 100 +++++++
Comment: 105 .114
Comment: TIME TO GO LONG ! FOR 111

Comments

YOUR IDEA IS GOOD BUT THIS IS TOO BEARISH
Reply
pratik2358 patel.sagarinn
@patel.sagarinn, I never recommend a DECISION for the other guys , decision is what you have to take ...according to your strategy , yes we do teachthe things to others ONLINE and in mumbai LIVE ...so i never say buy sell hold but just express how and what might take place and luckily or by the almighty blessing i go good right almost 9/ 10 times ..

SEE if the stock is correxcted ,so much ..it will show atleast a bounce of 5 % (+_1 )
and may again test lower levels ..if no good news comes under picture ...

FUNDAMENTAL too holds importance during the study of technical analysis which most people forgets !! all the best ..


"A SIMPLE IDEA ..

if u want to invest , invest in the "BECOMING THE BEST OF TOMORROW STOCK" ... IN DIFFERENT SECTOR "
Reply
CAN WE STILL BUY NOW
Reply
you're analysis is awesome man!
Reply
pratik2358 MohammedJunaid
@MohammedJunaid, tahnk you sir ... blessed to learn from a good teacher thus might be that is what reflects !
Reply
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