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SafeTrader1976
Jan 9, 2019 4:35 PM

PNB - ABCD Pattern In Channel. Short

PUNJAB NATL BANKNSE

Description

AB=CD Is Completed.
Moving In Short Term Channel.
At Resistance Of Channel.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.

Trade active

Trade closed: stop reached

Comments
BlackJackCo
Your idea was very promising still why did you close on Jan 17?
I don't think, it has touched the stop level. It has reached the targets.
The pattern made by stock was very promising for AB=CD.
It will hit target 3 as well.
SafeTrader1976
@Mohanw, Thanks. Yes it was just some calculation mistake & closed trade. Even its going as per AB=CD pattern. Thanks.
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