Amit_Ghosh

PNB Tilted HNS and Uptrend

Short
Amit_Ghosh Updated   
NSE:PNB   PUNJAB NATL BANK
Case I: PNB is currently in the uptrend and the uptrend will get killed on Trigger II i.e. 67.4
Case II: Also, in the aggressive case, We can observe tilted HNS Pattern which will get triggered on Trigger I i.e. 69.

In both case, stop loss should be kept at 72.5

If the stop loss is touched, one should Stop And Reverse as it will be a continuation of the uptrend.
Order cancelled:
PNB opened at 68.95 triggering trigger I but if you see the below chart, it rocketed 1 point up in 1 tick making it impossible to take the trade. So the trade was cancelled.
Comment:
As I read the comment and found a dumb guy holding this trade (god knows how he entered). If you are one of those dumb guys, EXIT it

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