One 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.
hello 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
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....
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...
PNB 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
Expecting 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
Look 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
As 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.
Idea 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...
ALL 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
price 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 #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
Buy PNB Near 38-39 Stoploss 35 Target 45 Demand & Supply Structure ..Stock is trading near Retest Support Zone
if PNB close above the green line then buy above the high of that candle and wait till the target this is not a trade recommendation
PNB on a daily time frame has formed a symmetric triangle pattern and also gave breakout with 52 weeks high of 48.20 rupees. The next target would be around 53 based on the width of the triangle.
One of the largest PSU Bank of India has hurted many investors in recent years. Although it needs courage to comment anything about this stock but analysing the pattern carefully, I have started feeling positive about this stock. From its peak the counting of the 5th wave seems completed. But the upside reversal is not yet confirmed.It needs to trade above the 135...
Punjab National Bank Investment call Buy at CMP 44 Target 🎯 55-68 SL ❌ 35 Time frame 1-2 yrs Ascending wedge pattern
PNB PSU banks are ready to fly. Buy now for a target of 60. Good R:R ratio