Chart Speaks Easily CE.... Charts for educational purpose only
Expected PNB India mid-term channel.
pnb technical analysis for trading on 21 august 2020 trade with strict stoploss Buy at 35. target 38.50-40 stoploss 33.50
Breakout ...Closed above Rs.40 after 3 years. TGT- 56/60/68/72
mentioned on chart. SL on hourly closing below the level
Note: This is for educational purpose only. PNB seems to be forming bearish flag pattern with high volume.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
LET 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
Buy PNB above 32 SL: 29
Buy PNB above 36.50 with SL of 33 Sell PNB below 33 with SL of 36.50
Will + divergence on RSI be used to do mean reversion trade ? Hammer is also formed on weekly chart.
pnb flag support now at where it is , resistance 64 69 next 35/40 27
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
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.