k314
Long

PNB buy setup (risky counter trend trade)

NSE:PNB   PUNJAB NATL BANK
Buy PNB at CMP (96+)
This is a risky counter trend trade so its safe to go long in tiny position size in cash market.

SL: 91
Target: 120
Trade active: So far it made a high of 100
Comment: Made a high of 105.40

Comments

Hello What the indicator (osc) you are using please?
+3 Reply
k314 dcchakravarty
@dcchakravarty, Its stochastics.
+1 Reply
@k314, Thank you, its RSI + Stochastics. what is the settings please.
+1 Reply
k314 dcchakravarty
@dcchakravarty, i have combined RSI, Stoch and MFI under single Oscillator indicator using pine script. I can select whichever oscillator i want with a click of a button without having to choose indicators from the library
Reply
@k314, Very nice can you share your strategy the indicator details which helps you to decide the trade. This would really help new traders like me.
Reply
i wish to see it at 70 for blind long term entry
+2 Reply
k314 SunilDhawan
@SunilDhawan, cool :)
Reply
can we move the sl to 89.70 will be better.
+1 Reply
k314 vikas1985
@vikas1985, risk management is left to your analysis sir :)
Reply
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