Long term W pattern with 3 more Ideas for 27 October markets I daily make educational content videos on financial markets
Pnb
YR 2022 Idea #122: Long on PNBThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
PNB will you grab it or not NSE: PNB
If Breaks Then The Upper Targets could be Taken at 35 and 37 and for Down the Targets could be 25 to 24
Time Frame :- 1 Day
Patterns Name :- Cup and Handle
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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Made By MAYANKTECHRESEARCHING
INDUSINDBK Ascending triangle NSE:INDUSINDBK
#xNSE:INDUSINDBK formed beautiful ascending triangle.
Happy LEarning !!
STRONG BUY FOR THIS SHARE.......PNB following its parallel channel. So you can buy it near 38.... and hold it for good targets..
PSU BANKS BEARISH CYPHERIt looks like pain Is not over for PSU banks, A very clear Bearish cypher near the trend line resistance, with small stoploss, one can look to short.
PNB target for 7 years2ND OCTOBER 2028 is the date on which this stock will hit 312. So if you want to invest for very very long term buy now and forget it for 7 years and minimum target is 139
trade at your own risk
PNB - Swing Candidate For 20%PNB
Buy-Above 38
Sl-35
T- 43 47 50+
All banking stocks have almost the same structure after 35500 in banknifty was taken out.
The stock is good in terms of risk and reward.
PNB Swing Trade opportunityPNB is bouncing within the channel
can be a good opportunity to go Positional Long at CMP 38.0
Target : 46 / 47
Punjab National Bank: High Probability TradingOne of the nice set up here on the charts of Punjab National Bank. This looks like a great trade with perfect risk to reward ratio.
Rough Set up.
Buy Price - Around 40-41
Stop loss - Around 38.5-38
1st Target - 43 🎯
2nd Target - 47 🔥
This is not a buy recommendation from our side. Just showing how to plan a trade and be ready to take calculated risk against good profit.
PNB under Triangle formationhello Traders,
Technicals:
If you wanegative but revenue increased
2. Punjab Nationalnt to go long then I will suggest you to buy near the trendline and then add Qty after the ascending triangle get broken.
Fundamentals:
1. Earnings were Bank raises Rs 1,919 crore via bonds - NEWS
Thanks!
Please like my idea if you really like it and happy trading! NSE:PNB
PNB - Buy Positional Trade - 3 Rising Valleys Pattern Target 55 Scrip : PNB
Setup: 3 Rising Valleys Pattern, Rising Channel, Chikou Span in open space and PSU bank Index giving breakout above 2 years levels
Target 1 - 55
Risk: Slightly Risky Trade as PSU bank
Stoploss: Please determine, manage and adhere to your stoplosses as per your risk profile and appetite.
A close below 35 could be a determined as a Stoploss level.
Also note, I am not a SEBI Registered Analyst or a Financial Advisor. Please initiate trades as per your knowledge and risk profile.
Simple Trade Setup | PNB NSE:PNB
I am posting this on request from a follower on Twitter.
Observations:
1) On 1 Day time frame, we can see that it has support at 44 level and resistance at 46 level.
And it closed just below the resistance level. If it gives sustainable breakout of 46 level and sustain above 46 then we can see further up move till 48 and 50 level.
But if it faces resistance from 46 level then we can see a downfall till 44 level.
My personal opinion is that better to trade with equity in this at this moment with positional trade.
Please refer below chart : 1day Time Frame.
Bought PNB bank @44.95, TGT1 57 TGT2 84 SL 33PNB expected to breakout from current level, looking at current consolidation in the stock and wedge pattern.
Bought PNB bank @44.95, TGT1 57 TGT2 84 SL 33
Bought PNB bank 44.95, TGT1 57 TGT2 84 SL 33Expecting PNB bank to post a good quarter, Looking at the consolidation and pattern in PNB, it may breakout on upper side from current level.
Bought PNB bank @44.95, TGT1 57 TGT2 84 SL 33.
Best regards,
Antrader
PUNJAB NATIONAL BANKLook below what happened in SBIN if it enter again in the channel then it may go to 150 in next 1 year
it it crosses the ema line then add more
PNB is good pick for long termAs the nifty PSU is Long PNB is showing strength and we have good targets on weekly charts 48 and 63 are monthly chart resistances cam be taken as t1 and t2. This is my personal analysis for study purpose.
PNB: Weekly Breakout with volumeIdea is self explanatory... In weekly chart stock is giving breakout with good amount of volume. I have provided SL along with 3 targets. Keep in mind book partial profit with every target and 3rd target may take time with few consolidations.
Note: I'm new to technical analysis, do your own maths. I'm open to new ideas and flaws in my analysis, so please do comment and collaborate.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
PNB IS SET TO FIREALL level amrk on chart
strong resistance breakout with ascending triangle breakout with high volume burst with RSI in good zone, what else you want
sell PE below 39 and sell ce above 46 for October
Punjab National Bank PNB Don't miss itprice in correction, i'm expecting small upside in 1 hour movement then downside to complete the pattern, you can look for entry around 61 fib its also a support level if you are into support resistance. wait for it to finish the correction. I have also attached my monthly view of the chart in link.
Cheers.
PNB - Inside Bar & Parallel Channel#PNB #PunjabNationalBank
Inside Bar Breakout (Daily Basis) - Volumes increased with Breakout
Moving in a Parallel Channel (Moving off the lower channel)
Targets: As mentioned in the chart
Ps:
Analysis ONLY - NOT a Recommendation
