PNB has given breakout ( double bottom pattern as well as long term trend line) on daily chart . This breakout is supported with huge volume . post breakout, it has tested the support and ready for fresh upmove. Minimum upisde should be about Rs 50 Disclaimer : for education purpose only
In today's session, we have seen a strong buying volume in PNB near the breakout level of 38.70. After a breakout of this parallel channel, getting the next target according to a pattern is 51+. Possible this stock can trade above 59 in this month. Possible Trade: Buy PNB Above 38.50 Stop-loss - 35 Target 51 59+
Range breakout with huge volume and closed above 200ema. CMP: 40 Target: 46, 55, 70
PUNJAB NATIONAL BANK #INVESTMENT BUY PNB above 40 ACCUMULATE TILL 32 SL 24 (CLB) TARGETS 75-150+ 3YEARS HOLDING SMALL PLAYERS START DOING SIP IN THIS STOCK #ankur #investment
Buy in dip at 32.60 and 31.30 with sl of 29.80 for target 40 Disc : It's not an advise to buy or sell
Continuation idea to Monthly analysis, super bullish momentum in weekly TF, ready to FLY
PNB seems to have completed larger degree wave 2 and could give multibagger 10x returns in the next few year. Invest in this second largest PSB and forget for a few years. Lower time frame analysis to follow
BUY PNB @32 ADD MORE AT 40 SL OF 26.20 CLOSING BASIS TARGET 59 SINGLE TARGET
PNB on 15mins chart has formed a cup and handle flag pattern. Above 30 likely to test 31.20
PNB Punjab National Bank goes to Short position..
As TF is weekly, trade duration will be 3 months to 15 months. In simple words : Buy around 28~31 With SL on weekly closing basis at 25.30 With targets of 38+ and 67+ Other triggers and observations on chart.
PNB has been trading in a rectangular range for weeks now. Also, within the consolidation, the increase in volumes is often observed when there is an upward move. In the downward move, the volumes are often subdued. Also, there is a trendline that the stock is going to test soon upwards. This could be a good move for the stock on the upside if the stock...
PNB:- buy at 27/28 for target 37/40 sl 23 dcb #Disclaimer:-I just shared view for only educational purpose.
punjab national is a long candidate with 26 sl for higher side trail targets with rr in favour with dual bottom and rsi +ve divergence
Chart Pattern - Just for educational purpose.
PNB Very weak, Next few Days If Break support Line then No One Know where we go...