SELL || PNB || SL 84PNB temporarily has halted it upmove and hence one can short it for a target of 81 with SL of 84. Sell on rise for a better R-R
Pnb
PUNJAB NATL BANK NSE: : PNB Long CallPUNJAB NATL BANK NSE: : PNB Long Call
buy Above : 76 if closing above 76 for one or two sessions.
Target : 78.4 , 80.2
PNB -Punjab National BankPNB -Punjab National Bank Trades using Blue Sky Plus Indicator. Message or Comment to get a free trial of the indicator.https://www.tradingview.com/script/lqS4a5pU-Blue-Sky-Plus-Day-Positional-No-Repaint-with-Alerts/
A GREAT TRADING OPPORUNITY IN PNB WITH HIGH RISK REWARD RATIOAS YOU CAN SEE THERE IS A GREAT SUPPORT NEAR 68 TO 70 RS. CHANNEL SUPPORT AND FIBONACCI SUPPORT IS ALSO THERE . LAST TIME SUPPORT IS ALSO THERE. TARGET RATIO IS ALSO VERY GOOD
Punjab National Bank chart viewPNB
Levels are mentioned in the chart
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Falling Trendline Resistance - Short PNB - R R Ratio 1: 3.65PNB is testing Upper Trendline in a downward channel.
Upper downsloping Trendline may act as resistance.
Short at 77.20 ( cmp )
Stop-Loss 81
Target 63.35
Risk 4.92% & Reward 17.94%
Risk Reward Ratio 1 : 3.65
MOMENTUM TRADE IN PNB DEC FUTMOMENTUM TRADE IN PNB
RISING OI+
RISING ABOVE 74 AFTER LONG TIME++
RESISTANCE BROKEN WITH RISE IN OPEN INTEREST+++
DEC FUT
BUY@74.5
STOP@72.75
TARGET@78.5
LOT:5500
QTY:1
bank nifty IMPORTANT levels on different FRAMES all levels are important and taken from different frames , one can draw an own conclusion from the above
SWING TRADE IN PNB DEC FUTSWING TRADE IN PNB
DEC FUT
HOLDING THE TRENDLINE
BUY@71
STOP@70
TARGET@74
LOT:5500
QTY:1
PNB RISING WITH BULLISH TRENDLINE AND MOVING AVERAGE CROSSOVERConstant support on trendline on daily chart
20-dma providing support constantly
today there is a possibility of 20-dma crossover 50-dma
FUTURES TRADE NOV/DEC
INTRA-DAY TRADE
BUY@71.35
STOP@70.35
TARGET@73.85
IF BREAKS 74.5 AND CLOSES ABOVE
BUY@75
STOP@73.80
TARGET@83.85
LOT:5500
QTY:1
channelthe is trading channel and it has reached it high.so we will enter in an aggressive way with stops above the demand zone
sbin , iss paar ya uss paar !!!!2 scenario under construction in the stock as even described in charts .
BUY PNB BANKBUY PNB AT CMP 82
SL 78 (CLOSING BASIS)
TARGET 1: 90
TARGET 2: 10
THIS STOCK VERY STRONG BASED ON EQ DELIVERY VOLUME
BANK NIFTY SETUP, STOP LOSS ,LEVELS & option strategy ! looking at the indices and sectorial stocks kotak and hdfc dragging , while all others pulling it higher , icici still has a 10% upside left while sbi will follow and will keep on making a higher high.
yes bank may consolidATE as like axis bank .
Indusind will approAch new LTH .
and sooner or later hdfc will come into picture to keep the show GO ON !
