Punjab National Bank analysis for 21 august tradingpnb technical analysis for trading on 21 august 2020
trade with strict stoploss
Buy at 35.
target 38.50-40
stoploss 33.50
Pnb
PNB - Bearish Flag patternNote: This is for educational purpose only.
PNB seems to be forming bearish flag pattern with high volume.
PNB Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
PNB DETAILED VIEWLET CANDLE CLOSE BELOW PINK LINE TARGETS FOR SHORTS ARE 48.65 34.20 AND YES ITS A GAP ON THE DATE MENTIONED WHICH IS AT 11.60 RUPEES WHAT ARE THE CHANCES OF THIS GAP BEING FILLED? IF THERE IS SOME EXTREME LEVEL BAD NEWS LIKE HUGE BAD LOAN NPAS THIS GAP WILL BE SURELY FILLED YOU CAN SEE DHFL NOW :) GOOD LUCK
TRADE AT YOUR OWN RISK
PNB inside bar range breakout tradeBuy PNB above 36.50 with SL of 33
Sell PNB below 33 with SL of 36.50
Curious case of PNBWill + divergence on RSI be used to do mean reversion trade ? Hammer is also formed on weekly chart.
PNB buy setup - Small risk high rewards!Buy PNB at CMP (62.50+) and on dips upto 61.50
T1: 66.50
T2: 69.50
T3: 73
T4: 78
SL: 59.90
Punjab National Bank Trading Idea (Swing)If the price breaks the last fractal top, go long.
Enter using Stop Loss limit order with the given levels in chart. ( CNC )
This buy signal automatically cancelled if another UP fractal is formed.
Vice Versa for short.
PNB - Supply and Demand ZonesDear Trades,
PNB is in the exact demand zones which i have marked as green and Supply exist at the red zone . One who look for the positional as a investment then this stock is in the attractive price and you can start accumulate until 55 levels, With a stop of 50.
Thank you,
Regards
Deepak
PNB PNB 15 min chart but uptrend in 4-hour timeframe waiting for a clear retest around at 65/- but I can see that the stock has extended long towards downtrend and I am seeing some bullish pressure
Will be a clear buying opportunity above 66/-
Waiting for a clear confirmation in a lower timeframe.
