PUNJAB NATIONAL BANK PNB ANALYSIS
Updated
AS YOU CAN SEE LONG TERM TREND LINE ON TOP MANY TIMES STOCK HAS TAKEN RESISTANCE FROM THIS LINE AS MENTIONED WITH RED ARROWS NOW WITH GREEN ARROW ON THE RIGHT STOCK STOCK CROSSED THIS RESISTANCE AND CLOSED ABOVE IT AND CAME BACK AGAIN TO THIS LINE AS SEEN WITH SECOND GREEN ARROW THIS TREND LINE WORKS AS SUPPORT NOW AS ONCE RESISTANCE BROKEN BECOMES SUPPORT FIRST TARGET FOR LONG WILL BE 68.20 AND SECOND TARGET IS THE GAP WHICH SOME DAY NEEDS TO BE FILLED STOP LOSS IS 57.75 GOOD LUCK
NOTE: FOR EDUCATIONAL PURPOSE ONLY
NOTE: FOR EDUCATIONAL PURPOSE ONLY
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