Pnb
PNB | Double Bottom & Accumulation zone 🎯⭕ Trading opportunity ! Chart Alert !!! ⭕
--Buy Above =35.85 or CMP
--Target = 56.75
--Stop-loss =30.20
--R:R = 3.7
--Expected Profit = 58 %
--Expected Holding = 3 months only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) pnb is in range now & having a really high volumes after the fake breakout
2) Kind of a double bottom & accumulation zone
3) Trendline is also broken
4) target is somehow based on resistance zone as well
Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
PNB- LONG, Support from Fib level and RSI breakoutPNB- Long.
It gave a breakout and has retested it successfully and now the next target is around 38 and then 42. If it clears these two then the next target is 50. PSU Banks index is also looking good.
Intraday - PNBIntraday traders may search for long entry in PNB till it waha 38.2 level
& is it crosses & closes above it, one may again re-enter in Intraday long traders till 42 level.
Please maintain atleast R2R of 1:3
PNB Swing Trade OpportunityPNB Swing Trade Opportunity
The predicted buy & sell zones plotted are an approximation and for accurate levels use the indicator (tradershedge) which updates the levels on real time and also triggers an alert.
You can make entry decision once you get a confirmation at the respective marked zones and opt for the next successive zones as expected targets in the direction of the trend.
Happy Trading !
Swing Trading Opportunity in PNB , CANARA BNK & BANK OF BARODASwing Trading Opportunity in PNB , CANARA BNK & BANK OF BARODA
PNB @ KISS - 36.25The stock is in an uptrend and was consolidating for a SHORT TIME and thereby forming an Ascending triangle.
Stop-loss is placed according to personal risk management.
ITC @ BUY ABOVE 35.75
TGT 01 - 36.05
TGT 02 - 36.25
SL - 35.50
PNB swing trade setupPNB swing trade setup
The forecasted Buy & sell zones are calculated based on historic price movements and the exact levels will be updated automatically by the indicator during the live market session.
PNB Looking bullish CUP AND HANDLE BREAKOUTBUY -CMP or 34.90
targets and sl on chart.
take the position at ur own risk
Buy PNBTrade Setup: PNB took a support at 89SMA and reversed its downmove with high volume
Buy Zone: 34.5 - 35.0
Target=As per Chart
NSE:PNB
Imp:
1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc.
2. Always follow stop loss.
3. Once a trade is in your direction (say) 3%, never let it go in a loss.
4. Simply follow rules. Nothing else..
PNB Long Term TradeThe stock is looking good at this price for the long term, safe traders can keep SL for 3 points (29.5) and refer to the chart for the targets.
Happy Trading!
InvestPro India Team
PNB LONGabove 41.5
support at 30
weak below 25
very very good volume on BO
currently above all important moving average
Cup and Handle patternNSE:PNB has high chance to form cup and handle pattern. Remember that it didn't breakout the previous pattern, so it may breakout for sure this time. Unless and until we receive any negative news, we can expect positive movement.
PNB looks bullishPNB has formed a double bottom pattern and brkout happened from the previous swing high levels.
#positional
Buy PNB at 40.6
Sl: 34
Tgt: 48, 65, 80, 100+
Time frame: 5-6 months
Buy Punjab National Bank - Big TargetIt has given a clear breakout after double bottom and and crossed 200 and 50 MA and may give a huge targets for short term as no strong resistance nearby.
Only buy, only buy, only buy.
PNB Neckline breakoutAs we can see in the chart, PNB in daily timeframe is breaking neckline of left shoulder, head and right shoulder in upward direction. It is pure buying call for traders. Also it has given breakout to down trend.
Buy PNB for a good swingPNB has given a double bottom pattern breakout plus a long term trendline breakout
target for short term is 54 according to fibonacci and previous resistance.
