INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 30, 2018) PNB #BUY ABOVE 70.75
the is trading channel and it has reached it high.so we will enter in an aggressive way with stops above the demand zone
2 scenario under construction in the stock as even described in charts .
Short PNB below 64 T1: 62 T2: 60.75 T3: 59.50 SL: 65.5
Major Bullish Breakout Expected in PNB Multiple confirmations high probability trade.
BUY PNB AT CMP 82 SL 78 (CLOSING BASIS) TARGET 1: 90 TARGET 2: 10 THIS STOCK VERY STRONG BASED ON EQ DELIVERY VOLUME
structure looks well , important base at 158-165 zone upside can even be above 210 as it tested the levels multiple time . risk reward in favour on long side .
Hey Everyone! Here I will apply something known as Average Directional Index (ADX). As we know, the ADX line indicates the strength of underlying trend, be it upwards or downwards. It is composed of two other lines, +DI(green) and the -DI(red) line. It indicates, how strong or weak the buyers or sellers are. Few traders use this to understand the reversal of...
This is my analysis and idea of the upcoming movements of Punjab National Bank, NSE. Till now the movements have indicated a reversal. We are seeing steep buys with a slow fall after that, which may indicate high volume traders grabbing positions while past negative sentiment(money scams) pulling the price slowly down. But the possible reversal and company's...
How scary that looks ?! What a weirdo ? Nope, cut those thoughts in your mind...It's right to pick it up PNB if you have the risking ability till 65's in PNB, moreover the crux is charts says so, that there will be bounce back upto 115's. Though its weekly chart, we aren't looking at fundamentals that's something which investors do, we aren't investors for sure,...
i would like to go long in psu banks tomorrow !
i see that the stock has good chances of touching 333 in next 2 months!
PNB is bearish. It was in a range since Feb which it has broken and in a hourly chart we can see that it is testing those levels of 91.50 levels and is failing. Target is 87 to 85. SL is 91.80
yesbank on daily chart had formed an inverse H&S , acc to me the stock must test levels of 343 in a good case scenario !