PNB EQUITY levels ...08/06/2021 (W candle)
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. PNB is looking very bullish. Buy pnb at cmp for 56+ levels.
PNB was bearish on weekly chart now formed higher low higher high on weekly chart, also PSU index is also going bullish could be good positional trade.
PNB has broken a trendline resistance with massive voulme. Buy at cmp, for 56+ levels. Study trendline resistance breakout.
Hello Every One, I am sharing herewith the PNB stock trading idea, on daily charts of PNB share you can find a formation of inverse head and shoulder formation which offers great trade set up with the risk to reward ratio of 1:4 and the traders can take position in cash and F&O as per their risk appetite. This post published here is only for Educational Purpose...
it has made head and shoulder in 3rd wave which means after this breakout it can be doubled or tripled
Although I had kept an eye on this stock, I'm posting this on a couple of requests. There are 2 prominent long weekly descending trend lines. I see quite a few resistances up to 43-45. Above that the road seems less congested for a nice drive. Risky traders can look to take it above 39.5 for a target of 42-45.
Entry – above 42.55 only (else Stock is in Sideways Trend) Stop loss – 33 (Trailing Stop 39.5 after Price gives a run up) Target 1 – 59.7 Target 2 – 85.4 Duration – 1-2years Fundamentally, No one knows how to value Public sector Banking Stock. And PNB had a Bad history with Nirav Modi Case. So No one knows Quality of Loan book. Technically, Good Accumulation is...
#PNB Looks to be a eligible counter for breakout above 46.5 / with a low risk entry above 44.5/45 It has been making higher highs and moving up in a nice pace to reclaim the resistances The volume support has been increasing in the recent past and crossed 300M in the recent trading days Note : This article is for education and research purpose only , Please...
Buy PNB at CMP for a target of 44+ sl: 38, horizon: 6W, all oscillators are positive
Buy pnb at cmp, target: 56+, horizon: 2M, sl:34.
On 31st' May, PNBGILTS gained 6.4%. Now it is close to its all time high, which is 64.75. Post this region, it might gain a bit more. Keep the stop loss at least below the support region which is respected since 2017 or to be safe, below 56.8 which is below the gap between 'Rising window' candles. (Cross reference with the chart) PS: All the PNB stocks seem to be...
Trend is our friend. Until it Bend in the end. 😂 My favorite picks are SBIN, Canara Bank, PNB and federal bank. Ride the trend.
Wait for activation i.e. Daily candle closing above Rs. 45. (Low risk traders) High risk traders can enter at CMP too. Inverted head and shoulders also spotted, strong bullish signal. Company expected to give a strong quarter as well. Keep in watchlist. NSE:PNB BSE:PNB
Price rejected from the channel top and reached the bottom successfully. Now one can expect the price reversal once after breaking the trend line.
The index is forming an Inverted Head and Shoulder Pattern. Just broke out of the Downward Channel resistance this week. In about 2-3 years the index should reach its target of 4340 but before that happens its intermediate targets will be met. Between 2660 and 3360 there could be some consolidation going forward. Immediate short term - MACD crossover should...