Punjab National Bank (PNB)
Structure: Rounded Bottom Formation
-Breakout Level: 133.50
-Target: 183
-Stop Loss: 117.50
Why it matters:
Multi-month base complete. Volume expansion visible on rallies. If PSU Banks continue leadership, this can expand structurally.
Risk: Failure to sustain above 133 zone turns it into range-bound continuation.
Structure: Rounded Bottom Formation
-Breakout Level: 133.50
-Target: 183
-Stop Loss: 117.50
Why it matters:
Multi-month base complete. Volume expansion visible on rallies. If PSU Banks continue leadership, this can expand structurally.
Risk: Failure to sustain above 133 zone turns it into range-bound continuation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.