PNB Gilts Might Correct

PNB Gilts might correct in recent days to come. Here are the technical reason :

1)Trading below 20 EMA & 50 EMA on daily chart

2)Head & Shoulder Pattern formation on daily chart

3)On Monthly chart it's negative with 117.8 as last month low(August) which is an important support level.

(Note: Not responsible for anyone profit or loss, nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)

Head and ShouldersTechnical IndicatorsMoving Averages

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