Pnb
PUNJAB NATIONAL BANK PNB ANALYSISAS YOU CAN SEE LONG TERM TREND LINE ON TOP MANY TIMES STOCK HAS TAKEN RESISTANCE FROM THIS LINE AS MENTIONED WITH RED ARROWS NOW WITH GREEN ARROW ON THE RIGHT STOCK STOCK CROSSED THIS RESISTANCE AND CLOSED ABOVE IT AND CAME BACK AGAIN TO THIS LINE AS SEEN WITH SECOND GREEN ARROW THIS TREND LINE WORKS AS SUPPORT NOW AS ONCE RESISTANCE BROKEN BECOMES SUPPORT FIRST TARGET FOR LONG WILL BE 68.20 AND SECOND TARGET IS THE GAP WHICH SOME DAY NEEDS TO BE FILLED STOP LOSS IS 57.75 GOOD LUCK
NOTE: FOR EDUCATIONAL PURPOSE ONLY
PUNJAB NATIONAL BANK PNB ANALYSISIT IS RESPECTING AND TAKING SUPPORT ON TRENDLINE AND BULLISH DIVERGENCE IS SEEN WITH STOCHASTICS WATCH OUT FOR A DOJI CANDLE AND GO LONG TARGET IS GIVEN STOPLOSS IS LOWER TREND LINE MUST NOT BE BROKEN ON CLOSING BASIS
Punjab national bank : look for swing to upsideHi guys, here is another major money maker for you. look for upside momentum in this one. down move might drag for little. but major thing lies in upside move.
thanks
trade with care
PNB- Results reaction ,i can see more up side Due to results reaction...again seen sharp fall in last 5 min...,However i can see more upside till 80...am bullish...
POSITIONAL LONG TRADE IN PUNJAB NATIONAL BANK (PNB)/!!(FUT)!!POSITIONAL TRADE IN PNB
VIEW:-
:-WEEKILY TRENDLINE IS ABOUT TO BE BROKEN
:-MOMENTUM GAIN IN RSI
:-POSITIVE CROSSOVER ON MACD
:-ABOUT TO BREAK ITS 20-WEEKLY -EMA
TRADE IN FUTURES NOV CONTRACT
BUY@67
STOP@60
TARGET 1@75
TARGET 2@84
LOT:7000
QTY:2
multi time frame analysis PNB PNb LOOKS scary unless close above levels mentioned , already deep red a DCB can definitely take place but overall a scary picture , hopefully not but !!!!
PNB Intra Day trade StrategyPNB at Trend resistance.
Buy at breakout else wait for support
First target 69
Second target 75
Third target 75+
#PNB Rsi divergence in daily chart.#PNB Rsi divergence in the daily TF. also trading at key resistance level of 68. MACD is also showing a buy here. Will be good buy @68 with 65 stop and 74 profit booking.
PNB short term trade chartPNB BUY with SL 63 Trgt 78+
2 Strategies mentioned post profits reported by PNB in Q1 earnings.
Breakout expected in next week.
OR
Buy PNB 75 CE Aug19 @ 1.25
Buy PNB 80 CE Aug19 @ 0.60
PNB LONG for next 3 monthsAgain purely based on intuition, since PNB is already trading at all time low take LONG position for Sept.
Personally bought 4 lots in last 2 days.
PNB long Position 86 - 90 Target CMP 76.90 SL 73As the stock is trading in the channel a short-term uptrend is to be witnessed as per the chart analysis
BUY @ near CMP 76.90
SL @ 73
TARGET 86 to 90
Time Period 15 to 20 days.
PNB PERFECT TIME TO BUY.IF PNB CLOSE CROSS 89 ON MONADY 27/05/2019 PERFECT TIME TO BUY. WITH STOP LOSS OF 78 RS. AND TARGET WILL BE 125 OR 128.
MACD INDICATOR IS ALSO SHOWING GOOD SIGNAL.
PNB : Trade again on inverted H &SPNB had given breakout from the inverted H&S with high volumes. Target of the breakout was 112 but counter retraced from 100 and again cam back to 87 level. Counter should take support around 84 which is 38.2% retracement of entire rally from 58 to 100. After 84 , next support comes at 80-81 range which is also a support of neckline. As counter drifted down from 100 to 87, volume has also come down simultaneously. Traders ,who had created long around 80-81, might have booked profit at psychological resistance level of 100 but the investors who had bought at long term support zone of 60-65 might be waiting for counter to complete full circle.As higher top higher bottom structure is still valid, short term investors can look to buy 50% at 85 and rest 50% at 81 with stop loss below 74 for target 112.
Punjab National Bank Inverse Head and ShouldersTook some position above the neckline after PNB formed the Inverse Head Shoulder. The reversal has started and I expect the price to pull back to the neck line. Will take another position at this point. Target price is around 122
