M_M moving in a range....once it breaks out the box...check for the upside or downside trade
In this analysis , PNB analysis been done based upon pure Triangle Chart Pattern , 2 month and 6 month target been given , 2 month target is based upon 1 day time frame whereas 6 month is based upon weekly time frame , In my opinion PNB is not fundamentally strong enough hence you should do your own research before betting . BAd news can impact stock performance...
Crucial point for ioc share. 15 days time a big move to be expected. Stock under consolidation. Sellers decline at last trading day. Now time for bullish move.
Super long positional Invalid below 400 “If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.” – Bill Lipschutz
endurance tech....looking for upside buying trade...but wait for the price to close above the upper line
When you eat a lot of sweets,doctor says 'Stop now else you will have diabetes' When you drive too fast in the city, Traffic police says 'Stop now else you will die and pay challan' Likewise,for a reason you need to trade with stop loss in stock market else one day you will lose all your money. - ABHISHEK KAR MARKET ANALYSIS AND PREDICTION...
Channel Breakout possible. Trade with risk management. SL and Target given in chart. Do your own analysis.
At this point of time the stock is taking a good support from its trend line and is capable of giving quick and safe returns.
Disclaimer-: 1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED. 2. Do ask your questions in the comments if any. Volume Profile-: Using Volume Profile one can identify probable accumulation or...