hirezia
Long

PNB BUY with a small stop loss of 109 for target of 125-128

NSE:PNB   PUNJAB NATL BANK
I bought 1000 PNB today at 111.6.... playing for the bounce from its support of 111-112 which is also its 52 week low .....with small stoploss of 108.6...

as per news it may look risky , but as per chart it is a good trade as per risk reward.
even if it reaches 117.6 ... R:R will be 1:2 ..and as per chart odds are with me ;)
Trade closed: stop reached: Trade closed at 105.1 .

Loss booked :(
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