gurjot_galwatti
Long

PNB - Positive Divergence - Target 68.20

NSE:PNB   PUNJAB NATL BANK
There is a good buy opportunity in the Punjab National Bank, on the basis of Positive Divergence Pattern in a daily time frame chart. This pattern can be drawn as well as observed after forming lower lows in price chart and higher highs in RSI Indicator. The trader should place a long position with a stop loss of 58.70, provided the stock gives today closing above this level. Further, the first target is set at 68.20
Sep 19
Comment: *There is one correction in the second sentence that is (higher lows) in RSI Indicator.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out