PNB 15 min chart but uptrend in 4-hour timeframe waiting for a clear retest around at 65/- but I can see that the stock has extended long towards downtrend and I am seeing some bullish pressure Will be a clear buying opportunity above 66/- Waiting for a clear confirmation in a lower timeframe.
SELL ZONE 80-81 STOPLOSS IN RED TARGETS IN GREEN
AS 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...
Hi 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
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
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 (Punjab National Bank) SELL BELOW 62.5
PNB at Trend resistance. Buy at breakout else wait for support First target 69 Second target 75 Third target 75+
#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 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
Again 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.
As 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.
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 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...