PNB buy setup (risky counter trend trade)Buy PNB at CMP (96+)
This is a risky counter trend trade so its safe to go long in tiny position size in cash market.
SL: 91
Target: 120
Pnb
PNB Call Option PNB take Stop at 93-95 levels. Right Now PNB Charts Show that it will expected to go over 105 level till next week.
PNB - The Big Money (MF) is buying this Stock - Should You ?Being oversold, a technical rebound is now due - And the Biggies are buying it ... trade along !!
PNB - coming in accumulation PNB - weekly chart expected to comes in Accumulation Zone, and after a up side breakout we will take Buy entry.
PNB BUY with a small stop loss of 109 for target of 125-128I bought 1000 PNB today at 111.6.... playing for the bounce from its support of 111-112 which is also its 52 week low .....with small stoploss of 108.6...
as per news it may look risky , but as per chart it is a good trade as per risk reward.
even if it reaches 117.6 ... R:R will be 1:2 ..and as per chart odds are with me ;)
PNB buy setup (For aggressive traders only)PNB buy setup (For aggressive traders only)
Buy above 118.5
T1: 123
T2: 128
SL: 113.5
stay CAUTIOUS in STate BaNk Of IndiA i see that in a quite mid term horizon it is better to stay cautious and trade on levels only in state bank of india !
feel that it might fill the gap soon ..irrespective of near term ups and downs !
PNB buy setup (With excellent risk reward)Buy PNB between 114-120 in cash
T1: 170
T2: 230
T3: 290
SL: 102
analysis of "PUNJAB NATIONAL BANK" { mid term}#valentines day
I find the stock bearish keeping mid and short term perspective
and have checked the upside levels for the stock ...which will now a big hurdle in its journey upwards !!!!!!!
PNB Flag FLag Flag BreakoutPNB, after an impossible rally, its making a flag, obviously. Awaiting a breakout or reversal
The Butterfly: Perched On Thin Lines'If' the stock breaks the bullish trend line, it would not be a good sign for bulls. In that case, bears can put the butterfly in action below 132, and the stock might taste 115 and 97 in near future. A potential reversal can be expected at 92-97 zone.
Trade Safe, Be Healthy.
Hit Like if this information is useful.
Regards
Bravetotrade
PNB: Piercing Through The SupportNotes on the chart.
Hit Like/comment if this information is useful.
Trade Safe, Stay Healthy.
Best Regards
Bravetotrade
PNB long setupPunjab National Bank long setup on weekly chart
Buy above: 155
SL: 135
Target1: 180
Target2: 200
Target3: 225
PNB long setup in upward channelBuy PNB at the channel bottom
Expecting it to touch the channel bottom at 154-157 range
Target 185
SL 148
PNB healthy?Hi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for PNB
Weekly location: Low
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Trade duration (max): 2 week
Note: Target, Entry and SL on chart
PNB - Enters Demand ZoneThe stock after a steep fall has entered its demand zone as you can see in the chart.
It's taking support in this zone yet once again.
Keep this zone in watch.
Trade accordingly.
Is cup and handle in formation?Looks like a nice cup and handle is in formation. Today almost it touched its upper range of support (138) and close nicely at 141. RSI and slow stochastic are near mid which does not indicate any trend so keep watch for few days to confirm the handle formation.
Descending Triangle on PNBDescending Triangle on PNB.
NOTE: This chart recommendation for positional, not for an intraday.
Trade:
Short below - 139.00
Target 1 - 136.80
Target 2 - 134.50
Stop loss - 142.40
Risk : Reward => 1 : 2
Reward Points - 4.5
Risk Points - 2.5
PNB - Intraday / PositionalHere, is a potential short setup .
I'll go short on PNB tomorrow , only below 145 , if it stays above it, no trade entry.
If it's below at 144, I'll go short :
A part for intraday,
where I'll keep 1 point stoploss
and target according to movement.
And the other part for positional,
where stoploss would be 151 ( 7 points ) and
target 132 ( 14 points )
Risk Reward :: 1:2
P.S. If you're buying options , go for 140 PE . Don't go below that.
But beware of risks of options, only for pro traders who understand it completely.
PNB - Showing StrengthNSE:PNB is showing good market structure with rising volume on up-moves. * See those green volume spikes.
Short-term target would be intermediate resistance of 129.
Stop-loss would be a good trendline break.
