mohanw
Long

NSE: PNB Housing Possible long for 1037+

NSE:PNBHOUSING   PNB HOUSING
NSE: PNB Housing Possible long for 1037+
Trading above 50% fibo level and acting as support
Possible long at current level with stop loss @ 824
Target insight 963 & 1034 + in short term
Break out above 1000 level will push prices rapidly higher
Break below 824 will bring more downside
Use stop loss and trail stop loss
Time frame 4 to 6 weeks
Trade closed: target reached: Hit target 963 and touched high of 994.
Comment: Interesting to see, reversed from 994 and broke triangle on down side touched 50% Fibo level.
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