Pnb
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.
PNB BREAKOUTTAKE SOME QUANTITY FOR SWING TRADE IN PNB. ALREADY IT BREAKOUT THE RESISTANCE. TAKE IT WITH SMALL STOPLOSS. THANK YOU
Bullish, Resistance level Breakdown If PNB opens at the previous closing level it will be good for buy.
It already breaks their upper resistance level and reverses back for an uptrend move.
Breakout in PNB PNB has given breakout ( double bottom pattern as well as long term trend line) on daily chart . This breakout is supported with huge volume . post breakout, it has tested the support and ready for fresh upmove. Minimum upisde should be about Rs 50
Disclaimer : for education purpose only
PNB ready to 51+ Target after parallel channel breakoutIn today's session, we have seen a strong buying volume in PNB near the breakout level of 38.70. After a breakout of this parallel channel, getting the next target according to a pattern is 51+. Possible this stock can trade above 59 in this month.
Possible Trade:
Buy PNB Above 38.50
Stop-loss - 35
Target 51 59+
Punjab National Bank InvestmentPUNJAB NATIONAL BANK
#INVESTMENT
BUY PNB above 40
ACCUMULATE TILL 32
SL 24 (CLB)
TARGETS 75-150+
3YEARS HOLDING
SMALL PLAYERS START DOING SIP IN THIS STOCK
#ankur #investment
PNBPNB today has crossed an important level of 39. If it stays above the first line, It has the potential to touch 45-55 in the near future
BuyBuy in dip at 32.60 and 31.30 with sl of 29.80 for target 40
Disc : It's not an advise to buy or sell
