pnb housing finance looks bullish in short term.

Aug 4, 2017

price bounced from trend line support and horizontal support with good volume.

sl - 1430, tgt - 1675

Aug 25, 2017

Trade active

closing price 1552.65

Sep 12, 2017

Trade active

moving up as expected, but taking more time than expected , till now 1644.90

Sep 30, 2017

Note

price recently came down to the support level, now it is bouncing back, it is now moving in a horizontal channel.

Oct 8, 2017

Trade active

till now 1517.70,

Oct 8, 2017

Trade closed manually

but elliott wave count shows that wave 2 correction (flat correction) is going on here. in.tradingview.com/x/5GfJiCW8/.

price can go down to or below 38.2% retracement level.

Oct 8, 2017

Note

now here is the fractal count of flat correction, it seems last leg of impulse of wave [c] is pending here.

Oct 28, 2017

Note

follow up chart, price is following the ew count.

May 13, 2018

Note

at cmp - 1301, previous support now acting as a resistance , selling pressure seen here.